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The bank's regular appearances in primary markets stopped after Russia invaded Ukraine
Japanese government bond yields have risen during the last few months
BSTDB has had a tricky time since Russia attacked Ukraine, both of which are shareholders
Demand peaked at six times the deal size, but many orders dropped out
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  • With equity prices around the world tumbling, emerging markets bankers are watching to see just how badly their asset class will be affected.
  • Sibur, the Russian petrochemical company, announced a bond buy-back on Tuesday, targeting the borrower’s October 2023 bond.
  • Turkey is braced for one of the most important political events of what has been a turbulent year; the hearing of US pastor Andrew Brunson. The consequences could shape Turkey’s recovery from its recession. Elsewhere, a Russian mining company's loan showed the country is not quite closed for business, and after weeks of quiet, Latin American markets have bounced into life.
  • VakifBank returned to capital markets for the first time since January on Monday, raising $300m through a 10 year diversified payment rights securitization.
  • Slovakia’s Slovenská sporiteľňa (SLSP) has issued the first Aaa rated Slovakian covered bond paving the way for the country's first publicly syndicated euro benchmark. UniCredit has also privately placed a €500m Slovak covered bond.
  • Russia’s Ural Mining and Metallurgical Company (UMMC) has signed its debut syndicated loan, as lenders remain resolute that sanctions have not made the country a no-go zone.