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Concession was higher than trades from earlier in the year
Funding costs and new issue premiums are much higher than GCC issuers are used to
A piece of very rare African senior bank issuance could also come this week
Data
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Other CEE sovereigns will be keeping an eye on Slovakia’s first Swiss visit in 11 years
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The new issue premium was about 50bp at the starting point, said one investor
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Price-sensitive borrowers prepare to press on with their deals amid rate cut doubts
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First emerging market sovereign to issued in the Swiss market since 2017
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Lack of progress on debt restructuring has been scaring investors away from EM bonds
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Issuance from the region will increase, said one investor
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