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While European companies lock in attractive euro funding through private placements
The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Data
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It is not clear what needs to be restructured, and the coming debt analysis may lack credibility
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Two more follow Darwish and Safa leaving last month
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Investors are getting about 45bp-65bp for an extra year of tenor
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The outcome from a fiscal policy perspective is 'binary', said an emerging markets debt investor
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Polish bank beat a peer's recent price by 1bp
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Leads also looking to Armenia for a pricing comparable
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