Central and Eastern Europe (CEE)
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◆ UniCredit-Commerzbank news unlikely to have an impact ◆ Fair value thoughts revealed ◆ Deal to be priced on Wednesday
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A distorted curve makes judging fair value at this tenor difficult
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ING's Turkish arm is also planning a debut deal in a small size
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Burst of ECM action in South Africa and Poland
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No sign of Polish risk fatigue as bank’s combined books hit €5.8bn
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BGK to sell its third dual tranche euro deal of the year
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The spread CEE banks are offering versus the eurozone periphery issuers is attracting investors
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Bank bonds from CEE are in high demand
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Hungary has been borrowing in the yen market for 40 years
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Demand for Czech electricity company’s latest deal is lower than when it issued in June
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Lower demand for a longer tranche was a reflection of market conditions, said one banker