Top section
Top section
Business has sagged in the third quarter, but the pipeline is busy, despite an intractable war
Private bonds are now being offered in the open market wider than where public deals trade
Even as USTs stay near 5%, supply expected to pick up
Data
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Sovereigns are finding greater demand despite yields being lower than earlier in 2025
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Deal attracts strong investor appetite from exclusively Asian lenders
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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
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