GIB benchmark bond trades up in secondaries
Gulf International Bank’s $500m five year bond has traded up above par in secondary markets to 100.15/100.40, despite having been aggressively priced at 165bp over mid-swaps on Tuesday.
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