Primary stifled in spite of secondary rally
A tap by Romania and a roadshow for Qatar's Doha Bank were the only bright spots for a CEEMEA primary bond market that has tailed off this week in spite of the continued tightening in emerging market bonds. Romania announced the $750m tap on Wednesday morning, increasing the 10 year debut dollar bond that it placed earlier this month through Citi, Deutsche Bank and HSBC.
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