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New issue premium was zero, agreed those on and off the deal
Observers wanted 30% of allocations to go overseas, but ENBD fell a little short
Data
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◆ Deal attracts largest CEE euro covered book ◆ Book holds up after 'aggressive' 12bp move ◆ Bond prices through fair value, but setting the level proves tricky -
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Saudi wealth fund’s dual trancher was a 'pretty textbook' trade
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CEE borrowers offering dollar deals will find good demand, says one fund manager
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Wide range of pricing references considered
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Books were over $2.5bn in the early afternoon
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
