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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
◆ Gulf private placements bite back ◆ Bond new issue premiums rise ◆ CLOs catch a break
Data
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Book attrition rates have been higher after August than before the break
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OTP plans first Swissie issue from a Hungarian bank for 16 years
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International investors take most of the book for the first time as Zabłocki's investment firm says it expects to make no further sales
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Despite rough market conditions and angst over rates, array of deals have been well taken
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It is difficult to see issuance conditions growing much better in the foreseeable future
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Société Générale and Standard Chartered provided euro and yen tranches respectively in first World Bank-backed transaction involving the Japanese currency
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