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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
Data
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Russian oil and gas company tightens pricing on dual tranche offering
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Latin American multilateral pays 12bp NIP on new 2024s
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Miners had been out of favour but are bouncing back as commodity prices rise
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Hard commodity bonds pique investor interest
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Signs of moderation from president not enough to ease S&P and Fitch’s fears over weaker metrics
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Just 8% of holders of CGC’s 2021s have agreed to participate
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
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Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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