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Despite the rise in dollar funding, local markets still provide the bulk of sovereign's borrowing
The yield was one of the highest for a sovereign dollar bond this century
The trade was a little smaller than last year's debut, and has no social label
More articles
More articles
More articles
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Two-part trade opens new investor base for the LatAm sovereign -
EM's performance during global uncertainty has been 'astonishing', said one investor
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Dollar 2030s have rallied since the Kazakh bank's March print
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The $4bn triple-tranche trade came a week after Hungary upped its overseas funding target for 2025
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Demand peaked at $1.6bn, allowing Axian to reduce the yield by 50bp
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Book coverage ratios inched higher, while tightening from initial pricing increased
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