© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

CEE

Most recent/Bond comments/Ad
  1. CEE
More articles/Ad

More articles/Ad

More articles

  • CEEMEA bond market investors may be fixated on how the Ukraine crisis is affecting secondary spreads but debt bankers are warning that the real threat to bond supply this year will come from struggling economies, not short term spread volatility. Anaemic economic growth across key emerging markets jurisdictions carries far graver implications for both CEEMEA issuance, and the emerging markets business overall.
  • US financial sanctions on Russia may be a remote possibility, according to emerging markets analysts, but if measures were imposed, the country's bond issuers' would find it very hard to fund internationally. Russian bank plans to expand abroad would also be derailed, and US banks with large exposures to the country could also be hit.
  • Syndicate bankers are primed for a busy period in dollars next week following the smooth execution of four benchmarks in the currency this week despite uncertainty and volatility caused by the situation in Ukraine.
  • Investors have been wringing their hands about secondary trading of EM bonds recently. Violent price action fosters illiquidity and makes new issues tough to execute. Russia’s altercation with Ukraine is just the latest driver of that. But the real problem that EM desks are going to face is not disruption, but the potential lack of bond and loan business as growth slows.
  • The Ukraine crisis may cause a stream of Russian IPOs to be pushed back by months, but bankers active in the region say that the political upheaval may have even more alarming an impact on equity capital markets by scaring international, non-specialist investors away for years.
  • Undaunted by Turkey’s domestic economic and political uncertainty, the country’s participation banks are lining up to to hit the international market with deals, say bankers. Turkiye Finans looks likely to lead the pack and could bring both a dollar sukuk and murabaha financing.