CEE Bonds
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Demand for Turkey, where metrics are improving 'day by day', is still good, said one banker -
Investors will want a new issue premium because of the high volumes from Poland, said one investor
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Bond issues tighten across the board as borrowers plunge in to avoid perilous fourth quarter
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◆ Debut deal arrives two weeks after being mandated ◆ Anchored by a single order ◆ Small premium offered
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Issue watched closely to gauge demand for Turkish T2
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◆ Election risk has sidelined European bank issuers ◆ Higher premiums required ◆ The pros and cons of issuing now or later
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◆ Pair met investors last week ◆ Volatility dampens covered bond supply ◆ Market would like ‘frequent issuer’ reopener
