Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Turkey's central bank increased inflation forecasts on Thursday due to rising energy prices
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
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The success of the commercial banking system in central and eastern Europe in taking over from development banks in providing finance will support the region ahead of a forecast slowdown in economic growth
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Hopes of attracting private finance to fill the funding gap for much-needed infrastructure projects in developing and emerging countries are being threatened by new rules aimed at making banks safer.
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Three new high yield issues were launched into marketing in Europe on Tuesday, including a pay-if-you-can bond, even though the market was a bit weaker after President Donald Trump’s sabre-rattling about raising trade tariffs on China.
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Turkey’s national election board has cancelled the results of the Istanbul mayoral race that president Recep Tayyip Erdoğan’s ruling party lost in March and ordered a rerun. This is widely thought of internationally as a blow to democracy, and in Istanbul citizens have taken to the streets in protest. But Erdoğan’s behaviour has been so unpredictable in the past year that there is hope the rerun in June will be free and fair enough for investors to breathe easy. It seems a bet made more in hope than expectation.
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Modern monetary theory has become a rallying cry for the left in the United States where its advocates say it can unlock state spending without sparking inflation. But economists in the CEE warn it would have dire impacts in the EBRD region
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Romania and France are pushing for a bolder taxonomy within the EU's Sustainable Finance Action plan as EU finance officials meet in Brussels today. The latest draft, put forward by Romania, sees the taxonomy covering all economic activities, grading them from green to brown.