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In 2022, the Kazakh railway company aborted plans to issue in dollars
The bank is offering over 100bp of premium to the Kazakh sovereign
Data
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Prices have recovered from spring sell-off -
What is a bank really buying when it pays for a former prime minister to be a special adviser? Do they really give advice, and just how special can it be?
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◆ Stellar conditions for issuers across the bond market ◆ How bond issuance will pan out over the rest of the year ◆ Dedollarisation discussion
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Many issuers planning to issue later in the year may have already brought deals forward
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Pricing did not move from initial pricing until mid-afternoon, despite huge book
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New issue premiums were slim on the dollar bonds and euro tap, despite the huge combined size
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