CEE Bonds
-
Investors said Russia's move was smart, and non-sovereign issuers may follow its lead -
Emerging market appetite to return as Swiss risk sentiment shifts
-
Pledge to avoid coal spending brings new technique to Europe
-
Size of coupon too small to trigger cross-default
-
Investors face leaving roubles in Russian bank accounts if they accept the offer
-
Investors will need to take note of a coal business and links to Russia
-
Recent burst of new issuance could prove to be false dawn
-
Investors believe it unlikely noteholders will lobby the bank to get the steel firm’s payment sorted
-
Investors unaware of any formal notice from Russia that it will pay next coupons in roubles
-
Investors fear a PR disaster if Ukraine poultry firm is forced into default
-
Making coupon payments is only an attempt to save face
-
Russia and western investors are unlikely to see eye to eye on what constitutes default as coupon date passes
