Middle East Bonds

Emirates NBD is printing the region's first public blue bond

The trade is Israel's first since October's fragile ceasefire

GCC blue bonds have only appeared in private markets until now

Saudi government borrowing in 2026 may be lower than in previous years

Record issuance volumes met insatiable investor appetite to lock in yields before rate cuts bite, resulting in tight pricing across bonds and sukuk, writes George Collard. An already healthy market shifted up a gear from September as order books swelled and issuance accelerated, especially of sukuk

Sovereign gets bigger size and longer tenor in dirham despite closing market

Volumes led by Gulf issuers, but two more printed this week from elsewhere

Market is particularly interesting for banks doing capital trades

Company has offered the highest yields on Saudi Arabian new issues in the last few years

Books were more than three times the deal's $1bn size, although orders did leave

Gulf subordinated issuance far outstrips last year's volume

The emirate paid no new issue premium for its latest sukuk, bankers said