CEE issuers transition to SSA category – or do they?
With SSA investors increasingly muscling in on CEE bonds, a small number of banks have transferred execution for these sovereigns to their SSA syndicates. But a GlobalCapital poll showed that most banks have not yet done so and may not for some time, despite their spreads, already converging with the SSA market, having been shoved closer still by European quantitative easing.
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