CEE Bonds
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Turkey tightened pricing and achieved a book over $6.5bn -
Issuer cannot access the longer dated conventional bond market
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More CEE supply will come if the market permits
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Baltic state to print second bond in 20 years
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Ceske drahy and CEE issuers are ready to go, but PIF is holding back
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Not calling bonds can annoy investors but it does offer an opportunity
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Volatility forces pause for Czech railway operator
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Most indications of interest have come from domestic accounts
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Another new deal from a low triple-B issuer should encourage others in EM
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Investors were concerned earlier in the year that Romania was issuing too much
