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Deal's concession came to just a few basis points
Uzbek bank's deal is the first deal from the country in 2026
The lender started investor meetings late in April
The trade is the first from a 'mid-tier' Uzbek lender
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Investors in Turkey enjoyed some relief after the government agreed to withdraw from northern Syria. The country’s finance ministry has told GlobalMarkets it is confident but some fears that measures passing through the US Congress could lead to fresh sanctions being imposed that one said was a threat
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Even as Britain prepares to leave the EU, states on its eastern and southern continue to knock on the door in the hope of being invited in, despite signs that some of the older members have little appetite for expansion
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The National Bank of Ukraine is embroiled in around 600 lawsuits over the nationalisation of Privatbank against its former owner Ihor Kolomoisky. The governor of the NBU tells GlobalMarkets that if Kolomoisky wins, it would cross a red line for the IMF’s continued involvement with the country
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ING Poland has issued its first covered bond, a deal secured on green assets denominated in zloty. The issuer plans to return early next year with its first euro denominated green covered bond in benchmark size, said chief executive Boda Miroslaw, -
Russia will issue renminbi government bonds by early 2020, said Russia deputy finance minister Alexey Moiseev on Thursday at the Moscow Exchange Forum in London. The move is a bid to widen access for Russian corporates eyeing renminbi debt, while diversifying funding sources away from the dollar.
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Investors are keeping a watchful eye over the escalating tit-for-tat threats between the United States and Turkey. Asset prices have so far remain unmoved, but analysts have warned that any move to impose tougher sanctions could be catastrophic.
