Summary: The Central Bank is expected to receive around $1 billion in the form of either a deposits or subscription to Lebanese sovereign Eurobonds
soon, sources revealed Thursday.
Russia tapped the global bond market in March, raising $3bn in a new dollar-denominated Eurobond
and [euro]750m (PS667m) in a top-up issue of an existing euro-denominated Eurobond
"The proceeds from this Eurobond
will be used to finance some of the development infrastructure projects, the general budgetary expenditure (in accordance with the applicable legal requirements) and to refinance part or all the obligations outstanding under the $750 million (Sh75.8 billion) Eurobond
due in June 24, 2019 and potentially part of the other debt obligations," Treasury Cabinet Secretary Henry Rotich wrote on Wednesday in a statement that heavily praised the success of the Eurobond
.INFRASTRUCTUREThe mention of 'some of the development infrastructure projects' revives memories of the controversial 2014 bond.
The audit was conducted by PKF Kenya who won the bid to audit the Eurobond
However, we have heard for the first time that when issuing the Eurobond
the foreign investors' interest in borrowing exceeded Macedonia's demand.
"Maintaining good relations with the investors provides lower interest rates during the issuance of Eurobonds
and presents a sound practice that is welcomed by all investors.
Zambia's $1bn Eurobond
in 2014 also received investor orders to the tune of $5bn.
The first Eurobond
deal was executed in May 2013, when KazAgro successfully placed its debut Eurobonds
in the amount of 1 billion dollars for a tenor of 10 years and coupon rate of 4.625%, according to the press service of the Holding.
Behaviour of Russian Eurobond
yield curves by sectors clearly represents the scale of investor interest in Eurobonds
of the major sectors in April.
SOCAR has placed Eurobonds
in the amount of $1 billion for 10 years on the CEEMEA market (Central & Eastern
20 July 2012 - Russian lender VTB Bank (MCX:VTBR) will host a string of investor meetings with the help of Citibank, UBS (NYSE:UBS) and VTB Capital that could be followed by a eurobond
issue denominated in US dollars, news agency Prime said today, citing a market source.