Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Higher prices and concessions mean many issuers will wait for better days
Borrowers from the Gulf region have a track record of remarkable primary market prints
Asian buyers are sensitive to geopolitical turmoil in the Middle East, but they do return
More articles/Ad
More articles/Ad
More articles
-
-
-
Modest order books and higher new issue concessions for dollar and euro issues this week showed that emerging markets borrowers are operating in a different market to a month ago, before inflation concerns had brought non-stop volatility to US Treasury markets. -
On Wednesday, the Emirate of Sharjah sold a $1.25bn dual tranche bond. Though the issuer conceded that market conditions were not "perfect", given sustained volatility in US Treasuries, this week’s deal allowed the state to extend its credit curve.
-
Mamoura Diversified Global Holding, an Abu Dhabi sovereign investment vehicle, launched a euro bond on Thursday. Issuers with access to and a need for both currencies, investors said, will find a haven in the euro market while volatility in dollar yields continues.
-
The Emirate of Sharjah launched a dollar bond on Wednesday, just over five months since it last tapped investors. But not all buyers were keen to add more exposure to the credit.
