CEE Bonds
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Investors pounced at the first Serbian corporate print, sending the book to more than $5.5bn -
Czech clearing house had 'no other option' than to apply to EU DLT pilot regime but participants more optimistic about UK sandbox
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Sukuk issuance from the company's corporates will stay low, however
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Large deal size one of a number of reasons borrower offers new issue premium
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Serbia sovereign moved into investment grade rating territory earlier in October
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Investors and bankers have warned of oversupply, but the deals are still getting done
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Local currency tranches may become more common
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The sovereign is borrowing a huge amount to fund its deficit
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Sukuk issuance is very rare outside of the sovereign in Turkey
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It will be a good bet on Turkey's disinflation story, said one analyst
