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Underwater trading was due to softer market conditions on Thursday, said a syndicate banker
In 2022, the Kazakh railway company aborted plans to issue in dollars
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One syndicate banker off the trade was impressed by starting level as orders ballooned
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The electricity firm is familiar to buyers, despite being a rare issuer
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The trade might not be the sovereign's only one of the year
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Years of credit improvements have given landlocked country a loyal following among EM investors
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The countries' euro curves trade at similar levels, but Benin will have to come wider in dollars
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The issuers are diverse and will not cannibalise demand, said one banker
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