CEE Bonds
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Bond investors continue to demand premiums from CEE issuers due to the Ukraine war -
The invasion of Ukraine showed almost nothing is off the cards in Putin's Russia
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Unlike Ukraine's other state-owned issuers, Naftogaz is yet to secure full relief from bondholders
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Investors still keen though deal was third CEE bank issue this week
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More pile in for euros following NLB's 'blowout' €500m print
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Senior preferred deal could be priced at 'low to mid 7%' based on recent comps
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At least one CEE sovereign plans to issue in the next few weeks alongside some energy companies
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Investors hope Turkey is returning to some form of economic normality, but are still nervous
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Central bank meetings will make next week quieter
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Albania draws praise after five-year deal prices with low concession
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Croatia is a rare EM credit without any major problems, said investors
