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◆ Oil trumps politics ◆ Kuwait scores late winner ◆ How to save Thames Water harmlessly
Placement 3.7 times subscribed, weeks after regulator halted unauthorised marketing of a purported public offer
Cracks emerge in underlying quality as banks appear to teeter further into cautiousness
Data
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Market is in good shape, but will not stay that way if war drags on over summer
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Investors are still around and issuers can get ahead of the September rush
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Issuer has the country's longest tier two curve
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Break-up with Fitch over downgrade has not put off investors
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The sovereign has finished international funding for 2026
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Private placements are not unknown for CEE sovereigns, but this is the biggest for years
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CAF gearing up to transform regional development
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