CEE Bonds
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A banker away from the Kazakhstani bank's deal expected it to go well -
Shorter tranche far more popular
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Issuer's rarity meant its deal would be in high demand from investors, said one fund manager
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Seven-year euro deal's size is expected to increase
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New bonds from Turkey won't appear until late April, said one investor
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Primary market will pick up heading into April with euros tipped to be flavour of month
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Turkish issuers planning new bonds may have to hold off for a week or two, said one investor
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The spread to the sovereign was 'OK', said one fund manager
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Deal helped by talk of a ceasefire in the Russia-Ukraine war
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The Lithuanian bank made its international market debut in 2024
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◆ Deal lands after lengthy roadshow ◆ Investors pledge over €1.15bn of orders for sub-benchmark print ◆ Single digit concession offered
