CEEMEA receptive to all but Russia after Crimea vote
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Emerging Markets

CEEMEA receptive to all but Russia after Crimea vote

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The bond market on Monday reacted calmly to a Crimean declaration of independence and its application to join Russia. Russia's bonds are still under pressure and CDS levels are still rising. But the primary CEEMEA market remains open, and Middle Eastern borrowers are among those planning deals, said EM debt bankers.

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