Middle East Bonds
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The Islamic Development Bank (IsDB) sailed through execution on a $1bn five year sukuk this week. Supply is on track to break the 2014 record for international benchmark sukuk in a single year.
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Abu Dhabi Commerical Bank printed its $750m bond on Tuesday with only a 2bp new issue premium, crunching even tighter than the other aggressively priced United Arab Emirates bank bonds this year.
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Emirates NBD has mandated six banks for a European roadshow starting next week, bringing hope that the bank will print a breakthrough euro trade.
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Islamic Development Bank (IsDB) enjoyed smooth execution on a $1bn five year sukuk, which it priced inside its secondary curve on Thursday.
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Emirates NBD has mandated six banks for a European roadshow starting next week, bringing hope that the bank will print a breakthrough euro trade.
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Abu Dhabi Commerical Bank printed its $750m bond on Tuesday with only a 2bp new issue premium, crunching even tighter than the other aggressively priced United Arab Emirates bank bonds this year.
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Abu Dhabi Commercial Bank has tightened price guidance for its five year bond to 100bp area over swap from 105bp area.
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Islamic Development Bank has picked a tenor for its latest sukuk and released initial price thoughts.
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Sharjah Islamic Bank starts investor meetings this week ahead of a dollar benchmark sukuk deal.
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Sharjah Islamic Bank starts investor meetings this week ahead of a dollar benchmark sukuk deal.
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Islamic Development Bank has picked a tenor for its latest sukuk and released initial price thoughts.