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Raiffeisen's Comment on Current Developments of CEE Eurobonds
Eurobond markets felt the deteriorating market sentiment in recent weeks, reported Raiffeisen Research.

The Dollar EMBIG index spread remains above 400 bp, while prices in most market segments stagnated over the last 2-4 weeks. The most recent short-lived rally on the back of overoptimistic expectations that the Eurozone will solve its troubles quickly – these naive expectations had been gutted yesterday anyway – helped not much to stop the overall bearish trend. Ukraine is among the…
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