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Emerging MarketsEM Middle East

National Bank of Kuwait launches AT1 to lead Gulf FIG rush

AdobeStock_Bank_Kuwait_575x375_16Feb2021

National Bank of Kuwait, the country's largest lender, was set to raise an additional tier one (AT1) bond on Thursday as FIG issuers across the Gulf take advantage of good credit conditions. More subordinated funding from the region's banks is expected in the coming weeks.

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