Sharjah pushes maturity profile out amid volatile backdrop

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EM Middle East

Sharjah pushes maturity profile out amid volatile backdrop

Mariam Meskin
March 04, 2021 04:30 pm
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On Wednesday, the Emirate of Sharjah sold a $1.25bn dual tranche bond. Though the issuer conceded that market conditions were not "perfect", given sustained volatility in US Treasuries, this week’s deal allowed the state to extend its credit curve.

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Topics

Standard CharteredUnited Arab EmiratesMiddle EastCitiEmerging MarketsEMEAHSBCEM Middle EastGCCMiddle East Bonds
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Mariam Meskin
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