Central and Eastern Europe (CEE)
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Deal is intended to raise C$500m from retail investors in Canada -
Bonds in euros from CEE fared better than dollar deals from the Middle East
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Alongside a rights issue, the Romanian government received €25m of shares
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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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Issuer’s second bond in 20 years tightened 15bp from initial guidance
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More CEE supply will come if the market permits
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Covered bond supply is set to slow down as blackout approaches
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Most indications of interest have come from domestic accounts
