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How well the government handles the disaster could dictate its ability to push through difficult reform
Underwriting left unused after deal is 33% oversubscribed
Driving pricing lower was the small size and the green label
Data
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Investor fears wane on Petro but new rival may be worse for bonds -
Brazilian Votorantim Cimentos to spend $220m on buyback of 2041s
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The expiry of Ofac's Russia debt payment licence means default is likely by the end of June
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Investors see little reason to play in primary
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Dollar markets not competitive with domestic bonds
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Assets can fetch far higher returns, sources say
Sub-sections
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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
