Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Private placements are not unknown for CEE sovereigns, but this is the biggest for years
Market participants have highlighted drop in Uzbek bond volumes this year
Uzbek issuance has fallen to near zero after a busy few years
Bookbuilding slower than normal due to the restart of war between the US and Iran
More articles/Ad
More articles/Ad
More articles
-
The central banks of France and Germany have been working with the People’s Bank of China (PBoC) to set up separate clearing house structures for their renminbi clearing operations, in what would be a potentially ground-breaking development in the European RMB market. -
With the US and UK markets largely closed to them, Russian borrowers are turning their sights on Asia. But bankers believe that any loan from a Chinese bank would be politically motivated, meaning that the Chinese loan market would not step up to meet any large scale funding needs.
-
Food oil firm Kernel has shown there is a gap in the market for Ukrainian as well as Russian loan deals, having renewed two pre-export working capital credit facilities with European banks.
-
With Russian banks increasingly worried about their capital structures, their newly approved right to convert subordinated bonds received from VEB in 2008 into preferred shares may ease the pressure, says Fitch Ratings. However, the rating agency stresses that further measures may be needed to support the banks’ capitalisation in the longer term.
-
The CEEMEA bond market has ground to a halt, with bankers now set to take it easy until September. But what a pipeline is building — one big emerging markets bank said they are expecting to bring between five and 10 deals in September if the market is calm, while another described his pipeline as “two handfuls'” worth.
-
Polish oil refiner Lotos is set to raise Z1bn ($318m) through a rights issue next month, in what will be a rare example of Polish ECM business after a quiet year so far for eastern Europe.
