Francesca Young

European Union policymakers are discussing whether and how to use €170bn of reserves belonging to the Bank of Russia, which has been frozen at Euroclear, to help Ukraine. Yuriy Butsa, the head of Ukraine’s debt management office, told GlobalMarkets he was... See more

The Emirate of Abu Dhabi’s super tight bond pricing last week — which included a 10 year tranche reoffered at a record breaking 18bp over US Treasuries — has raised the question of whether the bid for high grade dollar bonds from non-US issuers is big eno... See more

A spate of euro bonds is set to emerge from the Gulf, a region that has determinedly clung to dollar issuance. Diversification for a borrower makes sense, even for those that do not seem to need it. When considering issuing bonds in currencies away from t... See more

All this year, emerging market bond specialists have wondered if 2025 could be a record year for issuance in central and eastern Europe, the Middle East and Africa. CEEMEA bond bankers predicted that would only happen if issuers could be persuaded to pre-... See more