Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Why emerging market issuers are doing less in dollars ◆ Republic of Congo located between rock and hard place ◆ The GlobalCapital Podcast was brought to you by the numbers 17, 100 and the whole Alphabet
The yield was ultra high but Congo had little room to manoeuvre
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
Observers have questioned why the country is issuing debt at this price
More articles/Ad
More articles/Ad
More articles
-
Nigerian financial Access Bank opened books on its first tier two dollar bond on Monday afternoon and had almost $400m in orders by Tuesday morning. The issuer is aiming to price the bond on Tuesday afternoon, although bankers away from the bond were skeptical about appetite for more Nigerian FIG supply.
-
Morocco is unlikely to issue its first ever sukuk this year and the country’s Islamic banking looks set for more delays, according to a senior parliamentary advisor. -
The Moroccan royal family has sold its stake in Lesieur Cristal after it completed the sale of MDh580m ($69m) of shares in the Moroccan food oil manufacturer Tuesday, reports GlobalCapital.
-
Kenya has released initial price thoughts of low 6% yield area for a five year benchmark bond and low 7% for a 10 year. But terrorism this year in the country, the most recent bout in hotels in coastal Mpeketoni on Sunday night, is likely to impact tourism which accounted for around 12% of the country’s GDP in 2013, and investors are already cautious around the country's large current account deficit.
-
The Gulf Bond and Sukuk Association (GBSA) has hosted a seminar on Islamic finance at the Making Finance Work for Africa (MFW4A) Partnership forum, with Gulf players looking to make inroads into what they see as a growing Islamic financial market.
-
The Kingdom of Morocco is aiming to put a flourish to the end of this week’s CEEMEA bond issuance, with initial price thoughts out for a 10 year euro deal. It opened books on Friday morning and aims to price the bond this afternoon.
