Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Only one Gulf issuer has printed a blue bond in the public market
Some say UAE central bank liquidity has prompted banks to retrench
Cracks emerge in underlying quality as banks appear to teeter further into cautiousness
The trade may persuade other top-tier GCC sovereigns that the public market is open
More articles/Ad
More articles/Ad
More articles
-
Books were nearly $2bn for the UAE's Union National Bank’s return to the markets on Wednesday With issuance from UAE banks limited thus far, the 20bp-25bp starting premium offered good value, according to one EM banker. -
The Middle East bond floodgates have finally opened but with Bahrain hitting the road this week and Saudi Arabia's deal looming, supply concerns have prompted Oman to reopen its dual tranche tap at “eye-wateringly wide” levels.
-
Renminbi adoption has surged in the United Arab Emirates while lagging behind in the Eurozone, according to the latest data by the Society for Worldwide Interbank Financial Telecommunication (Swift). The Chinese authorities also seem ready to increase RMB connectivity with the Middle East through a number of new initiatives.
-
Union National Bank (UNB) has announced plans to return to the dollar bond market after an absence of nearly two years.
-
Saudi Electricity Company (SEC) signed a Sr5bn ($1.3bn) Islamic loan this week, having already secured $3.8bn in dollar loans this year.
-
Saudi British Bank (SABB) has completed its first dollar denominated syndicated loan, according to one banker, as the country's borrowers increasingly turn to international debt markets.
