CEE Bonds
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Balkan sovereign readying multiple tranches after latest CEE deal more than 4.6 times subscribed
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More CEE sovereigns are expected to issue new bonds
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The new issue premium on offer was considerably smaller the last new bond issued by the sovereign
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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