Pricing date: Aug. 2
Yield: 6.75 vs. earlier guidance of about 7
percent S&P rating: B-
Tajikistan
You know the buying frenzy has reached a new peak when a country needs to start its bond prospectus with a map so that investors can work out where it is. But that didn’t stop investors putting up more than $3 billion in bids for the $500 million sale to finance a hydro-power plant less than 150 miles from the border with Afghanistan.
Pricing date: Sept. 7
Yield: 7.125 percent vs. expected price target of 8 percent
S&P credit rating: B-