Falling growth, not Ukraine fallout is biggest threat to CEEMEA supply, say bankers

While much of the CEEMEA market is focused on how the Ukraine crisis is affecting secondary spreads, debt bankers are warning that the real threat to bond supply this year will come from slow growth, not short term spread volatility. Anaemic economic growth across key emerging markets jurisdictions has far graver implications for CEEMEA issuance, and could prompt investment banks to rethink their strategies towards the asset class.