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The bank is considering bond issuance in currencies other than the euro
◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
Books were €700m for what had been penned as a €750m deal
Data
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Book coverage ratios have also risen as sentiment improves in CEEMEA bond market
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◆ Venezuela embarks on historic debt restructuring ◆ Canada suggests covered bond boost ◆ European Secured Notes are here. Regulate them
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It is not clear what needs to be restructured, and the coming debt analysis may lack credibility
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Two more follow Darwish and Safa leaving last month
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Investors are getting about 45bp-65bp for an extra year of tenor
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The outcome from a fiscal policy perspective is 'binary', said an emerging markets debt investor
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