Top section
Top section
Book attrition rates rise and coverage ratios decline
Sovereign curve has rallied since Orban left after 16 years in power, but Hungary is in a fiscal hole
Demand hefty, despite being Pekao's second tier two in less than a year
Data
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Book coverage ratio was in the same area as Gulf banks' pre-Iran war euro issuance -
Bond market's leading performers recognised at GlobalCapital's annual awards ceremony
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PKO is the fourth Polish bank to debut in the tier two market in the last year
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Like another Gulf AT1 last week, this trade may not say much about international interest in the region's issuance
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Books were nearly four times the deal size, a record €1bn
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
