Romania
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The eastern European sovereign may not herald the start of a new batch of EM issuance
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Romania hoped to signal 'green shoots' of EM optimism
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Romania lines up second bond market outing of 2022
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Borrowers push on but can't pay up much more, say bankers
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Decent tightening expected for Romania dollars
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Rise in Romanian interest rates behind pair's widely different coupons
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Romania will sell a euro denominated bond on Wednesday, its second offering this year and its fourth of the last 12 months.
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Trans-Oil Group, a Moldova agriculture company, was in the market on Wednesday for a dollar bond. The issuer has a rocky history in debt markets, following a failed attempt at a debut bond in 2018.
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Romania this week returned to the international debt markets to issue euro-denominated bonds.