CEE Bonds

A debt payment standstill with private creditors expires next summer

Sovereign priced another PP also printed this week as it diversifies investor base

New bond volumes surged from 2022, but are still far lower than in previous years

Central and eastern Europe sovereigns enjoyed big demand for benchmarks at the start of 2023 but paid high new issue premiums. This was reversed later in the year, as investors became more confident about the path of interest rates and when borrowers had less to raise. George Collard reports

Issuers to bring deals as early as possible in January, whether the sovereign issues or not

Country has set minimum sizes for PPs and focuses on price, says finance ministry

The sovereign has raised concern for issuing too much in the public bond market

Deputy CEO says others from Turkey are in the wings

This year's international bond issuance for Hungary was the highest, bar 2020, for a decade

The lender found a strong end-of-year window to issue, agreed bankers

One investor sees Turkish issuers as sensible for tapping the market so late in the year

There is high demand for CEE bank paper, said one syndicate official