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The trade is the first from a 'mid-tier' Uzbek lender
The dollar market is offering cheaper funding at the shorter end
Victoria Power Network makes first appearance in the currency
Data
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Making coupon payments is only an attempt to save face -
Russia accused of ‘economic gibberish’ over repayment threat as coupon payments said to flow
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Bankers had suggested any dovish tilt from the Fed would lead to new EM issues
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Bankers encouraged by post-Fed reaction but say primary reopening likely to be next week
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Rating agency says Russia-Ukraine conflict ups pressure on LatAm even if investors see region as safe haven
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Russia and western investors are unlikely to see eye to eye on what constitutes default as coupon date passes
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
