East Europe State-Debt Managers See ‘Easy’ 2014 for Sales - Bloomberg:
"Eastern European state-debt managers expect an “easy” year in bond sales as improving economies boost the lure of the region’s securities and reduce the potential impact of reducing stimulus in the U.S.
The European Union’s former communist members accelerated issuance at the beginning of 2013 before the Federal Reserve reduces its asset-purchase program further. Romania raised $2 billion yesterday, while Slovakia and Poland also sold benchmark issues in euros last week.
“This year seems to be quite easy for Poland to finance borrowing needs,” Bogdan Klimaszewski, Poland’s deputy director at the Finance Ministry’s debt department, said at a Euromoney conference in Vienna yesterday. “It seems that 50 percent” of borrowing “can be completed by the beginning of February.”"
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