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International issuers look to Swissies for diversification, even if costs are higher
Peace agreement will be needed to restore normal enthusiasm
Higher dollar yields dampen some of the callable demand
Data
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Regulatory processes to print Panda bonds are still complex and opaque, but have improved
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This year has been the sovereign's busiest on international markets for a decade
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The issuer is set to price flat to fair value, or a few basis points over at most
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The company is one of very few Romanian companies to issue overseas
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Markets were steady on Monday after a few rocky days last week
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