Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Even as USTs stay near 5%, supply expected to pick up
Elevated new issue premiums to battle issuer desire to avoid more volatility
◆ The threat of US corporate issuance to European borrowers ◆ The new funding environment for Middle East banks ◆ Reviving UK equity capital markets
As war drags on, banks are boosting hoards of cash after deposit outflows
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Professional services firm Alvarez & Marsal has hired a seasoned advisor to bolster its Middle East advisory team, as it seeks to be an integral part of the region's diversification transformation.
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Gulf corporates Ooredoo, Nogaholding and Arabian Centres sprung into the bond market this week, defying revived market volatility to raise dollar funding. The string of corporate issuance follows a similar streak from the region’s FIG issuers last week.
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Volatility in the US Treasury market has been the thorn in emerging market bond issuers' sides this quarter. Though bankers had expected borrowers front-load issuance, concerns about global interest rates and investor appetite have dulled volumes.
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Qatari telecommunications company Ooredoo started investor calls on Monday for a conventional dollar bond after a five year hiatus from the market.
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