Russian and Ukrainian FI test for market

After the last of the year’s loans to financial institutions in Russia and Ukraine finally made their way out to market last week, lenders are now nervously waiting to see what the response will be. Margins have climbed a little compared to previous pricing benchmarks, like on the deals for Russia’s Evrofinance Monarsbank, but bankers will be hoping it will be enough for these facilities to clear the market. Read EuroWeek on Friday for the market’s reaction.