CEE Bonds
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The unease about US subprime mortgage debt deepened this week and edged further into the emerging markets, forcing price-sensitive borrowers to abandon deals while the daring or desperate forged ahead with expensive prints.
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For the second week running, less well-known names from the emerging markets were the toast of the new issue party this week, successfully printing deals few others dared to.
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Emerging market bankers paid credit this week to the exclusive club of borrowers that managed to price deals in EEMEA, although the prints featured tasty new issue premiums for savvy investors to sink their teeth into.
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