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The sovereign priced inside paper of similar maturity from Brazil and Colombia
Higher coupons and steady rate expectations draw investors back into the currency
The trade may persuade other top-tier GCC sovereigns that the public market is open
Data
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More articles
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Goldman Sachs only Western bank on $860m-equivalent deal -
Heavy local demand for dollar benchmark, but international appetite for AT1 may have improved
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Authorities are trying to re-establish Pemex as a standalone issuer
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The bank has only issued senior non-preferred bonds in the last three years
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◆ Colombia turns from Swiss francs to eurozone in funding flurry ◆ CEEMEA issuers enjoy purple patch ◆ A test for US auto ABS as Europe's RMBS market gets boost
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There is no sign of investor appetite for new CEEMEA bonds slowing down
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
