EMEA
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A bond in the same format last year from another Czech bank was a hit with investors
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The premium to its secondary curve was 'minimal', said a source involved
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The German agency has been working on bringing up the liquidity of its bonds
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Asset class war breaks out as FIG market complains Reverse Yankees are stealing investors away from their deals
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Country is trying to reduce its bloated deficit, but political instability is complicating efforts
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Private equity buyers look for finance as they buy up infrastructure assets
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◆ Deal attracts strong early momentum ◆ Slim premium paid as HVB lands size ◆ Pick-up offered over German SSAs
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◆ Smaller trades populate market after roaring week ◆ Air France KLM keeps hybrid momentum going ◆ Cencora and Icade bring no-grow bonds
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A trio of Gulf banks print but costs may be rising
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The yield and coupon were among the highest ever offered by a Turkish corporate issuer
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The group has said it is growing its origination team
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◆ Both banks issue their second ever euro deals in respective asset classes ◆ SBAB prints much tighter but also ends up with lower oversubscription ◆ Higher spread pick-up on the Croatian deal lures buyers as issuer's credit profile improves