Hong Kong blue-chip Wharf Holdings' US dollar 10-year bond was put on hold last week after the deal was being whispered in the mid-200bp over US Treasuries range. Sole book-runner is UBS.

Kookmin Bank, rated A1/A/A, has updated its Samurai and Uridashi shelves for issuance volume up to 200bn yen (USD2.42bn) apiece, valid for two years. The bank is eligible to start issuing under the new shelves from April 28.

Supplies from Indian banks will be a highlight this year, if they all materialize. Nomura estimates that Indian banks could tap USD7-9bn in fresh supplies, including those from two debut borrowers Syndicate Bank and Punjab National Bank.

IDBI Bank mandated BNP Paribas, Credit Suisse and UBS for investor meetings in Switzerland, which would lead to a potential bond issue in Swiss francs in early or mid-May. If so, it will be the latest Indian lender to tap the Swiss bond markets. IDBI is rated Baa3/BBB-BBB-. The bank is also planning a USD250m 7-year bond, rumoured to be backed by an ADB guarantee with a funding cost speculated at Libor plus 210-230bp, but this is unlikely to emerge any time soon because of the CHF issue.