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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
More articles
More articles
More articles
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BGK may have to offer higher new issue premium than Polish sovereign -
Borrowers must be ready to jump into picky primary markets as stigma of failure falls
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EM borrowers have little to lose by approaching investors. Cowering in the corner could have a higher price
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The first CEE sovereign bonds in the primary market for more than a month showed how high new issue premiums need to be to lure investors
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Ratings agency hoofs Brazilian meatpacker up to Ba2 and keeps positive outlook
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The eastern European sovereign may not herald the start of a new batch of EM issuance
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