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Lender enters “very exciting phase” as capital grows and it enjoys two triple-A ratings
Paying off external arrears will help get an IMF deal over the line
China bank treasury demand for suprantional paper rises amid higher volatility and yields
The euro's share of EM bond funding is at its highest in a decade
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Markets may not be shut for too long, and African sovereigns have managed debt well -
Sovereign pays at least 25bp of concession but points to healthy demand after broader spread widening
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The dollar market is going to be an unreliable friend for some time
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Sovereign bonds have suffered a brutal eight days, like other emerging markets
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◆ Paper is a 'must buy' for some accounts ◆ Pricing breaks trend and tightens 3bp ◆ Orders total over €40bn
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AfDB's hybrid is main comparable for pricing CAF's benchmark dollar debut but roadshow feedback also holds key
