© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Sovereigns

Top Section/Bond comments/Ad

Top Section/Bond comments/Ad

Most recent


◆ First of seven syndications breaks multiple records ◆ Investor engagement and communications helped stable execution ◆ Smaller programme this year but ‘still a lot’ to tackle
SSA
Busy and ‘euro-heavy’ week ahead but dollar pipeline also building with issuers set to bring forward bond plans
◆ Minimal premium paid ◆ Size at top of range ◆ Issuer seizes upon stability
◆ 'Cautious' start say some market participants ◆ New issue premium debated ◆ Price and size praised by rivals
More articles/Ad

More articles/Ad

More articles

  • CEE
    It has been a dreadful August in emerging markets, but borrowers still have cash to raise and, despite the violent swings in secondary market levels, investors will have cash to put to work when the UK bank holiday has passed.
  • It’s been a turbulent summer in emerging markets, but borrowers in the Middle East in particular are already eyeing their return to the market.
  • New US sanctions announcements on Russia, chatter around new IMF financing for Angola and a desperate economic recovery plan in Venezuela are keeping those emerging market portfolio managers still at their desks busy. But low volumes are playing havoc with EM secondary levels as traders embrace the quietest trading week of the summer.
  • The Republic of Angola's bonds rallied some 40bp on Monday after its ministry of finance said that it had sought financial support from the International Monetary Fund, but lost some of those gains as rumours of new dollar issue surfaced.
  • Greece is expected to return to the bond market before the end of the year, after it exited its third bailout programme on Monday, August 20. But the sovereign needs the ‘perfect’ window amid emerging and peripheral market volatility, said bankers.
  • CEE
    Two rating agencies lowered Turkey’s credit rating on Friday evening, but the beleaguered nation’s asset prices have largely shrugged off the news, despite predictions of a recession.