Kuwait raises $8bn in strong market debut
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Emerging MarketsEM Middle East

Kuwait raises $8bn in strong market debut

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Kuwait nipped in on Monday ahead of the Fed decision this week to raise $8bn with its debut bond, establishing a liquid benchmark at the five and 10 year parts of the curve. While the emphatic statement the deal made was not in question, there was debate about the bonds’ relative value against other Gulf sovereigns.

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