Middle East Bonds
-
-
Saudi Arabia’s wealth fund only paid around 5bp over the sovereign’s curve -
Other similarly rated sovereigns have issued with no new issue premium this year
-
Demand topped $4bn by midday UK time on Wednesday
-
The sovereign wealth fund has already raised $5bn via conventional bonds this year
-
More real estate debt on offer despite waning demand
-
The emirate may have to offer a bigger concession than some recent sovereign issuers
-
Saudi Arabia's Alinma Bank plans a debut issuance in the subordinated format
-
The Kingdom is facing budget deficits after 2022's surplus
-
The UAE bank was the second top-rated Gulf lender to issue this week
-
Books passed $3.6bn for the second Saudi bank sukuk of 2024
-
Real estate company is different from others in the UAE that have sold sukuk
