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Most recent/Bond comments/Ad
Most recent
The company is offering investors about 40bp of concession at initial price talk, said a lead
New issue premiums have risen in the European corporate market
Markets may not be shut for too long, and African sovereigns have managed debt well
The country's ruling coalition may be about to fall apart
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There are technical reasons for such wide spreads, in particular very low liquidity -
Both lenders and borrowers hate the pricing on offer, depending on which part of the market they occupy
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Africa sovereign spreads hit hard despite oil price surge
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Early June optimism proves to have been yet another false dawn
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Investors see little reason to play in primary
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But a busy holiday period means borrowers may have to wait until into June to test the market
