CEE Bonds

Short pause in issuance expected while country comes to terms with disaster

A 25bp sell-off in US Treasuries did little to deter new CEEMEA issuers from preparing new bonds

Emerging market bond investors are confident the stellar start to the year can continue, particularly after the US Federal Reserve did little to dampen their spirits at its latest monetary policy meeting this week

More CEE sovereigns are preparing to issue new bonds but African issuers may need to wait

CEEMEA issuance for the month closes in on record volume

Turkish private sector issuers tipped to follow with deals of their own

Bookrunners were unsure how much demand there would be given the drought in Turkish bank issuance

Turkish state owned banks are not under government pressure to issue in dollars, said bankers

The state-owned export bank drew a book over $1.75bn in a now rare non-sovereign deal from Turkey

Investors have shown high demand this year for senior bank debt in Europe

CEE sovereign's success to drive borrowers to issue in US currency over euros

Concession estimates were in a wide range but Serbia may even have offered no new issue premium