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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
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Demand peaked at $1.6bn, allowing Axian to reduce the yield by 50bp
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Book coverage ratios inched higher, while tightening from initial pricing increased
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Another Uzbek issuer is looking to print next week
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CEE corporate green bond issuance has fallen compared to last year
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The Turkish sovereign sold a $2.5bn sukuk on Tuesday, paying no concession
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Sovereign and Garanti are following Turk Eximbank's successful Monday deal
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