Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Books over $1.5bn at launch at a spread of 80bp over Treasuries
Gulf issuance will take a pause due to the Eid holiday next weekend, but June could be busy
EM investors may be happy to see some senior supply after glut of tightly priced AT1
Strong local bids enable AT1 sukuk issuers to set yields far below where overseas buyers see fair value
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Abu Dhabi Islamic Bank (ADIB) has launched a new 100% capital protected note aimed at investors looking for exposure to emerging market equities, the bank said on Monday.
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Omani based lender Ahlibank has hired Yousuf al Rawahi as deputy general manager for retail banking, an official at the bank told IFIS.
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Malaysia’s state owned oil and gas company Petroliam Nasional (Petronas) broke records this week when it priced the largest G3 bond from a southeast Asian corporate. Choosing aggressive pricing over a bigger size, the issuer opted to settle for raising $5bn with the four tranche deal, lower than the expected size of $6bn-$7bn, writes Narae Kim.
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Bahrain Association of Banks (BAB), an advisory body that represents the interests of the banking community in Bahrain, has hired Waheed Al Qassim as its new chief executive.
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Threadneedle Investments, a UK-based asset investment manager, has acquired a 2% stake in Shariah compliant Gatehouse Bank.
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Emirates the airline has made public its mandate for the first sukuk guaranteed by the UK’s Export Credit Guarantee Department.