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While European companies lock in attractive euro funding through private placements
The country's curve has rallied since the US and Iran agreed on a peace MoU
Data
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New issue premium was zero, agreed those on and off the deal
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Observers wanted 30% of allocations to go overseas, but ENBD fell a little short
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Investors are getting plenty of state owned issuance from Kazakhstan this month
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Demand for new bonds has not dropped off since the Iran war started, but new issue premiums have jumped
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Tight price and strong book reported as market awaits geographic breakdown
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More deals are expected later in the week
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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