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A junior banker respects their MD, but cannot live with his disorganisation. Can things ever improve?
Solutions exist but political will is necessary
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Oil reforms are needed for debt repayment to restart, but will be difficult to accomplish
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Practically all deals thrown off course by volatility in anticipation of sanctions after troops enter eastern Ukraine -
Some smaller deals can be done, say participants, but Russian incursion into separatist regions of Ukraine will keep issuers away from the primary market
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The convertible bond market is experiencing a severe issuance drought, despite looming rate rises
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CLO market is open but fighting would see supply dry up
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Niche deals and Islamic finance can still be done despite fears over possible Ukraine invasion
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Fate of bond due January 2023 is still unclear
