CEE Bonds
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The country plans to issue more in 2025 than the past few years, doing half the target on Tuesday -
The dollar order book more than halved as the issuer cut the yield on offer
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Tourism growth has helped Albania secure two rating upgrades in the past year
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Deal is more than five times subscribed as higher yield lures buyers
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Pair bring $8bn between them after a rough start to the week
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Energy firm's market premiere is eighth from a Turkish company since January 2024
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New issue premium of 50bp at initial pricing but plenty of tightening expected
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The sovereign went longer and larger than usual
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Covered and corporate issuers almost wholly responsible for lower volumes
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Capital issuance from a new jurisdiction attracts market interest
