CEE Bonds
-
-
Early hopes of a change of policy, if not of leader -
Country smashes €5bn international funding requirement
-
Appointment of BTIG as sole lead raised questions among EM bond market praticipants
-
New issuance from CEE has mostly been in dollars this year, but was well received
-
The state-owned bank's deal is expected to print next week
-
This would be the first new bond from a CEE energy company for over a year
-
Parent's operations in Russia make this a trickier deal than other CEE banks, said one observer
-
There will be more CEE issuance in June, including from an SSA issuer and corporates
-
Euro market cannot compete with the pricing and size the dollar market currently offers
-
Bondholders are worried about Hungary's ESG profile and further credit rating downgrades
-
The high likelihood of an Erdogan victory has prompted bondholders to flee Turkey debt
