CEE Bonds
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Pricing did not move from initial pricing until mid-afternoon, despite huge book
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New issue premiums were slim on the dollar bonds and euro tap, despite the huge combined size
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Complex political backdrop hinders development in the country, says S&P
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Romania's sovereign bonds have enjoyed a rally after May's election
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Fair value for deal is a little bit above the 7% yield area, said leads
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◆ Bank treasurer speaks following after debut tier two in euros ◆ Deal reintroduces Polish tier two debt in the public euro market ◆ mBank next plans new SRT and SNP refi
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The trade will be below benchmark size
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More than $200m outstanding on bonds that mature later this year
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Spread for Romanian utility's deal set flat to fair value with books over 10 times covered
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Big hitters may have come to market but volumes are down
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Romgaz trades flat to Romania's sovereign
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Sovereign's 12 year note is its first green deal for six years