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2026's lead in issuance over 2025 has shrunk since the US-Iran war broke out
Cost of printing a five year bond has fallen a long way since October
The bank is considering bond issuance in currencies other than the euro
Data
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Leads said no new issue premium was required, but attrition was large
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The government is struggling to bring in reforms to fix Kenya's fiscal problem
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The bank might not issue again for a while, but more Uzbek issuers are preparing trades
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Alternative sources of funding are offering competitive pricing
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UAE's largest ever construction IPO comes amid real estate boom
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Investors from outside of the Middle East formed the majority of the book
Sub-sections
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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