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Peace agreement will be needed to restore normal enthusiasm
Higher dollar yields dampen some of the callable demand
The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
Books were more than double the deal's size at launch
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Books passed $3.6bn for the second Saudi bank sukuk of 2024 -
Real estate company is different from others in the UAE that have sold sukuk
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The main comparable is Banque Saudi Fransi's sukuk from January
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Israel's PPs largely go to ‘friends and family’ but no benchmarks are expected
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Emirati bank prices inside dollar levels with first Swissie deal since 2019
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