CEE Bonds
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Unlike other Turkish banks which have either called or stuck with old bonds, Fibabanka tried an exchange
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Bonds in euros from CEE fared better than dollar deals from the Middle East
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Investors warn of indigestion but sovereign achieves healthy book
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Latvia will try and land with a new issue premium in line with recent CEE sovereigns
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Last week's US inflation number spooked the EM bond market but conditions on Monday bring hope
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Turkey tightened pricing and achieved a book over $6.5bn
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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