Raiffeisen Bank International AG top stories

• Credit Bank of Moscow snags loan as coronavirus spreads in Russia

  

  Credit Bank of Moscow, one of the few Russian banks to frequently tap the international syndicated lending market, has raised a loan from a consortium of international banks. The deal comes amid an increasing number of Covid-19 infections being reported in Russia, which is now one of the emerging markets with the fastest-accelerating growth of cases.

  • 20 Apr 2020

• MTN market a ‘tale of two cities’ in tumultuous week

  This week, it was the best of times, it was the worst of times – and despite volatility caused by the spread of the Covid-19, a trickle of MTN issuance has managed to slip through into the market.

  • 13 Mar 2020

• ‘No place to hide’ in EM as oil crash smashes bonds

  Emerging market bond valuations were in free-fall on Monday, after a collapse in the price of oil gave investors yet another reason to worry about the global economic outlook.

  • 09 Mar 2020

• EM issuers divided over whether to go for it

  New emerging market bond issues have been assessed on a case-by-case basis this week as the spread of the Covid-19 virus delivered sharp swings in global markets. Some borrowers wanted to forge ahead in case of a further sell-off, while others prefer to wait for a recovery.

  • 05 Mar 2020

• Divide of EM deals as Russ Rail forges ahead but Belarus and Eurochem hold fire

  New emerging market bond issues are being assessed on a case by case basis as a split between those issuers keen to forge ahead and those preferring to delay emerges.

  • 05 Mar 2020

• Belarus braves roadshow but deal may not be immediate

  The Republic of Belarus will roadshow a dollar and euro dual trancher next week, but made it clear in the mandate announcement that there may be a wait before the bond is printed.

  • 27 Feb 2020

• Romania takes down 50% of funding target with euro sale

  Romania sold €1.4bn 2% 2032s and €1.6bn 3.375% 2050s on Tuesday, managing to get away half of the country’s €6bn funding target for 2020 in one swoop.

  • 23 Jan 2020

• CEEMEA sovereign pair make an entrance

  Two CEEMEA sovereigns are taking the plunge this week — the Kingdom of Saudi Arabia with a triple tranche dollar benchmark and Romania with a dual tranche euro bond.

  • 21 Jan 2020

• Banks tap into demand as blackouts start to weigh

  Demand for senior trades from Commerzbank and Raiffeisen Bank International this week reflected a softness in secondary performance, as well as a slowdown in the primary market as European banks enter blackout season.

  • 15 Jan 2020

• Issuers flock to long end in euro covereds

  Danske Mortgage Bank, Santander UK, Raiffeisenlandesbank Hypothekenpfandbrief and UniCredit Bank AG were marketing covered bonds on Wednesday, steering well clear of negative yields by tapping into healthy demand for long dated assets.

  • 08 Jan 2020