CEE Bonds
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◆ Deal lands after lengthy roadshow ◆ Investors pledge over €1.15bn of orders for sub-benchmark print ◆ Single digit concession offered
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Book over €5bn as chunk raised to help Ukrainians
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The Moldovan firm issued fresh 2029s in November, during the US presidential election
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There are a range of options for achieving extra defence spending, said debt officials
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Deals priced with little to no new issue premium
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It is hard to find direct comparables for Armenia, said fund managers
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Credit market conditions strong as rates demand slows
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Bonds have only dropped a few cash points since last week
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A senior trade from Yapi Kredi on Monday drew a book more than three times the deal size
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The trade has found a 'decent reception' so far
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Issuance volumes net positive for first time in years