>Apparently not everyone was going for the "sure thing" since
>it was undersubscribed; a decent showing (good enuf to be called
>a 'moderate success' ...?), but certainly no slam-dunk.
Hmm, yesterday's FT described the new Russian bond as "popular with investors" - so popular that they sold older Russian bonds to buy into the new one. The offering apparently took everyone by surprise.
The offering was lead managed by the US Treasury, I mean, Goldman Sachs.
>Me? I'm still working on this short dollar / long rupiah 15%
>hot tip deal that I picked up on some Marxist newsletter :-)
My god, what Marxist newsletter is offering trading tips? Must keep up with the competition.
Doug