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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
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Fitch cuts state-owned oil co due to ‘inadequate’ cash position
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It can take years to prepare bonds in some markets, but that can bear fruit
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Investors saw William Ruto as the more market-friendly of Kenya’s potential presidents
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Returning issuers could double total issuance so far this year
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Toll roads operator Salik is the latest state-owned company set for privatisation
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Power co is funding buy-back with debt from Guatemalan subsidiary
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