Investor demand for central and eastern European sovereign risk is strengthening, allowing governments across the region to access the international bond markets again. The Slovak Republic continued a positive trend in May when it attracted €2.8 billion-worth of orders for a €2 billion six-year deal.
Slovakia followed the Czech Republic to market; that deal attracted a strong bid for a €1.5 billion five-year issue in May.
Also last month, Croatia issued its first Eurobond in five years, for €750 million, via BNP Paribas, Deutsche Bank and UniCredit.
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