Central and Eastern Europe (CEE)
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Initial pricing was one of the tightest starting points for a CEEMEA sovereign in dollars in the last 18 months -
The last senior deal beyond six years was in 2021, before Russia invaded Ukraine
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Investors were not as eager as they were on sovereign's previous few bond issues, said a lead
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A growing number of central and eastern European sovereigns are turning to dollars
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Bumper demand allowed Estonian bank to reduce the spread by 60bp
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Issuers, especially banks, drew high demand
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Subordinated debt has formed most CEE FIG issuance since January
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The airline will soon choose which banks will run its initial public offering
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The blocks market has been suppressed over the past fortnight by earnings, public holidays and central bank meetings
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No CEEMEA borrower has started execution at such a high yield in the past 18 months
