CEE Bonds
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Books were still healthy even after plenty of dropouts
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The trade was priced tight and achieved an impressive outcome, thought one observer
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More subordinated bonds have come from CEE this week than in all of 2024
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Poland's second tier two deal and Romania's debut sub debt may come this week
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BCR deal marks a first from Romania
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The book was no blowout, but UzAuto sealed tighter spreads than its debut
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The company suffered little order attrition despite 'aggressive' spread tightening
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Extra spread entices investors to CEE bonds
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The trade was a little smaller than last year's debut, but has another social label
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Debut benchmark deal draws book over €2.6bn
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Demand for the Turkish bank's deal was about three times the issue size
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The country finished international funding this week with a €2bn trade