Romania
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The market has rewarded Romania for its efforts to reduce its public market issuance -
The country secured a very low new issue concession compared to other CEE deals this year
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The sovereign has nearly €10bn to raise on the public and private markets this year
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The sovereign has not decided which currency to issue in
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Deals away from the public market can offer cheaper pricing and new pockets of demand
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The sovereign has raised concern for issuing too much in the public bond market
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The lender found a strong end-of-year window to issue, agreed bankers
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There is high demand for CEE bank paper, said one syndicate official
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The former FIG dealmaker has landed his first acquisition but growth ambitions for the investment bank remain on the mid-market
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The bank joins a growing list of RBI subsidiaries selling public bonds
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