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Cost of printing a five year bond has fallen a long way since October
The bank is considering bond issuance in currencies other than the euro
◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
Data
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It had hoped to raise funds off longer dated bonds but investors are too risk-averse -
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Some market participants remain unsure of the sovereign’s strategy
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Hopes grow of more life in primary market
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Ruling family offers 8.75% for sukuk
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The Republic of Bulgaria has tightened pricing on both tranches of its dual tranche Reg S only bond with combined books standing at over €3.8bn.
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Sponsored by European Investment Bank
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