NBAD debuts in Aussies to investor acclaim
National Bank of Abu Dhabi sold its debut Australian dollar note on Thursday, receiving a warm welcome from investors. The leads were able to increase the size by half while tightening pricing by 5bp. The success of the deal shows Australian dollar investors’ interest in diversifying their holdings and opens the door for other Middle Eastern issuers to consider the market.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts