CEE Bonds
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Turkey has benefited from support from official investors in the Middle East -
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Sovereign is CEE’s fourth issuer this year and more are expected to follow
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US inflation reading later this week will be the first major test for the EM primary market this year
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Sovereigns find exceptional issuance window but market still fragile
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CEE sovereign prints bring hope of better times ahead in primary market
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Books topped $6bn for latest bond
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Lowest new issue premium from a CEE borrower paid since Ukraine invasion
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Swathe of other emerging market credits to follow
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Hungary also wants to make its green bonds a darker shade of green
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Emerging market corporate bonds have rallied, but investors cannot find paper to buy in illiquid market
