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The sovereign is ramping up overseas issuance, plans to branch out into new currencies
Premium to dollars could be between flat and 10bp, said leads
The UAE bank capped the deal size at $500m, gaining some leverage over pricing
Data
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If Romania can tackle its deficit then government and state-owned issuer borrowing costs will fall
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Deal is first in format from an EM sovereign since 2023
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Sale is largest block trade in close to two months
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Senegal bonds are trading at distressed levels and there is a risk of restructuring
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Hungary could raise close to €600m
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CAF gearing up to transform regional development
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