CEE Bonds
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The Czech issuer had waited several weeks for a window to issue -
CEEMEA borrowers have flooded back to the primary mart after a rally in US Treasury yields
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Eurobond issuance plans may have changed little, but domestic borrowing is to double
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Sale took place on volatile day but big book saw it through
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Orders pass $4bn for army funder
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Strong secondary performance will encourage any other Turkish issuers planning bonds
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Helping the issuer will be a new bond from the Uzbek sovereign earlier this month
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Labelling the use of proceeds offers advantages for some investors while ruling others out
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Unpalatability premium may be an opportunity for other buyers
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The state-owned bank has a bond maturing on Tuesday and two more in the near future
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Lead manager expects pricing in line with other BGK issues
