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New issue premium was zero, agreed those on and off the deal
Observers wanted 30% of allocations to go overseas, but ENBD fell a little short
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Lithuania also considering returning to the US as the euro market struggles
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BGK had been unable to tighten pricing back on May new issue
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Nomura’s syndicate boss, Nick Dent, has set up his desk in a way designed for the sort of speedy decision-making that will, he claims, be crucial for primary credit in persistently volatile markets
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Other CEE issuers will take note but not read much into the outcome of BGK's deal
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The CDS auction for Russia will be held on September 12
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Investment banks are still figuring the best way to run their shops since the return to offices began. A hybrid system of remote and office working is inevitable but the balance is important — running a twin-speed business benefits no one
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