CEE Bonds
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New issue premium estimates at initial pricing ranged from 35bp to 55bp -
Political instability means reducing deficits in CEE will be tough
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BEH offers rare chance to buy non-sovereign Bulgarian debt
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International bond issuance will still be lower than many of the past few years
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BEH will add to a busy period for state-owned issuance in CEEMEA
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Slovenia had penned in an SLB debut for June
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Estonian bank is paying no concession, thought one observer
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The bank printed Estonia's first ever international AT1 in February
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Pricing was tight after sovereign found healthy demand
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◆ ABN eyed traffic jam ◆ NIBC competes with popular names ◆ Pekao manages book sensitivity
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◆ Deal multiple times subscribed ◆ Fair value debated ◆ RCI Banque experiences attrition
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The country is set to offer less than 100bp of spread over Uzbekistan
