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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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Investors want to keep buying new bonds even after record January, but uncertainty over flows could cool demand
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Türk Eximbank kept bank issuance going with a 'blowout' $500m trade on Tuesday
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The market has rewarded Romania for its efforts to reduce its public market issuance
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BBB- rated real estate company garners big orders as real estate’s popularity soars
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Eximbank is as close to the sovereign as it gets in Turkey, said one analyst
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With Russian and Ukrainian issuers out of the picture, Uzbekistan is likely to dominate CIS bond volumes