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The sovereign is ramping up overseas issuance, plans to branch out into new currencies
Premium to dollars was in the high single digits, said a lead
The UAE bank capped the deal size at $500m, gaining some leverage over pricing
Data
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Tariffs are a bargaining chip and are unlikely to arrive in full, observers believe
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Sub-investment grade sukuk scarcity drives demand
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Estonian lender is setting up an EMTN programme ahead of a first-half print
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The bank’s initial target was $100m
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The country is the only purely sub-investment grade issuer left in the GCC
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The country raised nearly €500m in the Samurai market last week
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