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The sovereign has issued well over $10bn in just two days to fund liability management for Pemex
The note priced with no issue premium, agreed observers
The trade is its first in the senior preferred format
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CP programme launched over the summer
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◆ Record Gilt and hot sterling bonds give the lie to ‘UK crisis’ chatter ◆ Emerging market bonds bask in rampant demand ◆ Qualms creep into public sector bonds as investors get choosy
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CEEMEA primary market has been strong in the past fortnight, but it is not bulletproof
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Heavy issuance likely for much of September
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Sovereign, Petrobras, Suzano and Rede D'Or all hit dollar market
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◆ Tatra extends covered curve ◆ Luminor ends three year absence ◆ Slovenská pays slim premium
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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