Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The lender started investor meetings late in April
The trade is the first from a 'mid-tier' Uzbek lender
The dollar market is offering cheaper funding at the shorter end
Estonian sovereign outing its first under local law
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The missed payment will not trigger cross-default but that may not be far off -
The expiry of Ofac's Russia debt payment licence means default is likely by the end of June
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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
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Investors expect most demand for Lithuania's issue to be from non-EM focused accounts
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Observers expect more issuers to roadshow then decide against bringing deals
