Middle East Bonds
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Investors are growing full of heavy subordinated issuance
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Yields are far lower than when the industrial investor debuted in 2023
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Comps are the owner, PIF, and bonds from aircraft lessors around the world
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Demand for the 10 year was driven by scarcity and a 'thirst' for duration, said investors
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Interest from the Gulf has supported Jordan amid regional volatility, said EM investors
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Five banks in the GCC have opened books, or plan to, on new paper this week
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NBK will land inside a tier two from another Kuwaiti bank last month
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Jordan plans a first new bond for two and a half years
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Qatar's trade came close to an EM record set by Abu Dhabi just two months ago
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First international Omani mandate for new entrant in DCM
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Regulatory processes to print Panda bonds are still complex and opaque, but have improved
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It can take a long time to prepare Panda bonds, which can put off issuers