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Emerging MarketsEM Middle East

Emirates NBD secures $750m AT1 in EM FIG resurgence

AdobeStock_emergingmarkets_575x375_03July2020

Bankers and investors say FIG issuance will return to the fore after a sovereign-dominated first half of the year. Three bank issuers this week showed that the market is open for non-sovereign issuers. As fears of a second wave of Covid-19 infections and November's US presidential elections threaten volatility, some say the usually quiet summer period may be inundated with EM issuance.

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