Sovereigns come to play in CEEMEA primary bond market
CEEMEA and Lat Am investors and analysts are being kept busy by heavy primary market activity this week — which has been notable for the entrance of big sovereign trades, though there has been plentiful activity across asset classes. But a recent rate cut in Turkey and the outbreak of a Sars-like virus in Asia are also drawing attention.
So far this week the Kingdom of Saudi Arabia printed a dollar triple trancher on Tuesday while Romania sold dual tranches of euros. Bahraini investment group Gulf Finance House also issued a debut $300m and Ardshinbank repriced its debt with a $300m five year.On Monday, Qatar Islamic Bank ...
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