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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
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Concerns about the state of the market from September are hurrying issuers to primary market
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Demand was nearly twice the $800m size
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CEE sovereign trades up as another Turkish corp issues a mandate
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Gulf issuer blasted through where leads had put fair value two days before
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One investor expects the oil firm's triple tranche deal will price at least flat to the sovereign
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa