As the transition from Libor to Sonia begins, HSBC’s debt capital markets team has found itself with a key role to play. Edward Russell-Walling reports.

With only six months to go until the UK formally leaves the EU, derivatives experts are crying out for clarity on how London’s status as a financial centre will be affected. Jason Mitchell investigates.

Financial analyst IHS Markit chose a quiet time to issue the bond that will bankroll its expansion strategy. David Wigan reports.

Spain’s second 10-year bond deal of 2018 defied political turbulence both at home and abroad in neighbouring Italy. David Wigan reports.

Changes in US monetary policy are likely to push emerging markets to look for other alliances. Silvia Pavoni reports.

After its acquisition of mall operator Westfield, Unibail-Rodamco raised €5bn from a bond issuance as part of its asset-disposal plan to pay off debts. David Wigan reports.

Regulators have called time on Libor, the world’s most-cited reference rate. But its demise is not a sure thing. Danielle Myles assesses Libor’s chances of survival, and looks at what could take its place.

BBVA has enjoyed a recent turnaround in fortunes, cutting its bad loans and boosting its capital adequacy ratios. In 2018, as part of a commitment to sustainable issues, the bank launched a $1bn green bond to widespread interest. David Wigan reports.

African Development Bank is venturing into green bonds and euro issuance as part of its 10-year strategy to boost developing economies and intra-continental trade. David Wigan reports.

Islamic finance underwent something of a revival in 2018 after a handful of slow years, and this return to growth is reflected in The Banker’s 2018 Islamic Bank of the Year Awards, which rewards the leaders in a field that is enjoying impressive net profits and returns on equity.