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Secondary market selling of private bonds may be wreaking havoc with the primary market for public debt but the trades were still the right thing to do
Sovereign's $3bn deal tightens well as Asian demand returns
The sovereign's public and private bonds of similar maturities are trading over 25bp apart
Data
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Most of the demand came from local investors, as one banker expected
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Price was 'way off' fair value, according to a source on the deal
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Issuer closes its first overseas trade since Moody's downgrade in May
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Progress to bring down government deficit will be slow, warn economists
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The firm's second Eurobond offered a premium of about 70bp to its parent at initial pricing, but AviLease was able to halve that
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Incoming chief was head economist at Hungary's largest bank
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