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Top section
Bonds of energy importers have sold off again, but there has been no market crash
Issuers struggle over what concessions investors will require
The break in primary maret activity has now lasted longer than the one that followed the 'liberation day' US tariff announcement last April
Data
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The Ukrainian company's January deal performed well on secondary
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◆ Deal was priced tighter than the issuer's previous covereds ◆ Banker said spread tightening 'speaks for itself' ◆ Second banker put spread through FV
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The sovereign may soon receive a rating upgrade, following an outlook change by Fitch
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The familiar problem of inter-creditor opacity has also reappeared
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Investment banking travel was a relentless grind, not gold card access to global glamour
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Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
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CAF gearing up to transform regional development
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European Investment Bank: Supporting sustainable development in North Africa