Macedonia
-
Market moves accounted for most of the difference in yields between the second attempt at a bond issue and the first -
Higher pricing down to market, not issuer, says lead manager
-
The issuer should be able to return to the primary market by the time of a €450m maturity in July
-
'CEE premium' but proximity to the EU attracts US investors
-
A 25bp sell-off in US Treasuries did little to deter new CEEMEA issuers from preparing new bonds
-
-
North Macedonia launched a new bond in euros on Wednesday, following deals last week from fellow central and eastern European sovereigns issuers, Serbia and Croatia.
-
-
European emerging market names have bulked up deal flow during the Covid-19 crisis and The Republic of North Macedonia continued that trend on Wednesday with a six year euro benchmark deal.
-
Macedonia on Thursday set final terms for a €500m seven year bond at 3%, the tight end of price guidance at 3.125% area, with books over €3.5bn.
-
Macedonia has set final terms for its first international bond in over a year, with books for the deal hitting over €3.5bn
-
Republic of Macedonia has named three banks to arrange investor meetings for a combined buyback and new euro-denominated bond as the Southeast European sovereign looks to extend its maturity profile.
