Most recent/Bond comments/Ad
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Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
Books were nearly three times the issue size
◆ Higher rated Austrian lender offers more spread for similar senior preferred bond ◆ Big demand pushes deal inside fair value ◆ BCP still prints its tightest unsecured debt for more than five years
After a record 2024, Turkish corporate issuance slowed last year
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Any new bonds in the near term would be jeopardised by an early election
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Ukraine still plans on meeting all debts to foreign investors
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EM borrowers turning to bank finance but loan market window will not last forever
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Though EM bond markets are in a torrid state, spreads have held in. It suggests the worse could be yet to come
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It is difficult to see the regulator pushing Turkish corporate borrowers towards default, agreed market experts
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Primary market activity in EM remains quiet due to US Treasury volatility