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Black Sea Trade and Development Bank (BSTDB) on Monday sold the second note from its EMTN programme, after drawing demand from asset managers.
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MTN investors are speculating that the huge yield available on Argentine peso bonds may be worth the risk of buying bonds denominated in a currency which is undergoing official devaluation.
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Regional issuers may look for higher volume trades in order to cash in on the better cost of funds available for assets on the European Central Bank's buying list.
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MTN investors are speculating that the huge yield on Argentine peso bonds may be worth the risk.
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The International Finance Corporation and Rabobank sold a pair of medium term notes denominated in Chilean pesos this week. With some analysts predicting a rise in the price of copper, this could be a sign investors are looking to buy into a correlated currency.
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The European Bank for Reconstruction and Development has printed a private placement in Mexican pesos as part of its micro-finance bond programme for small businesses.
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The International Finance Corporation printed its first medium term note in Chilean pesos on Monday.
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The European Bank for Reconstruction and Development has printed a medium term note linked to Kyrgyz government debt.
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The World Bank has printed an $81m sustainable development private placement.
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Agence France Locale printed its first bond denominated in dollars this week.
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The European Central Bank’s Thursday meeting has been the subject of much speculation in the SSA market and on the eve of the critical day, more SSA bankers are concentrating on that rather than deals it seems.
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The European Union plans to raise over €6.1bn of funding in 2016 to be lent to various sovereigns.