Oman 'wisely' locks down $1.5bn with chunky NIP

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Oman 'wisely' locks down $1.5bn with chunky NIP

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Oman Flag. Flag with a beautiful glossy silk texture. | DR - Fotolia

Oman left a chunky new issue premium on the table with its latest $1.5bn bond sale, but with competing supply looming, and a market backdrop that included two pulled trades, EM bankers said it was a prudent move that resulted in a great trade and over $4bn of orders.

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