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◆ Middle East capital securities will need to be refinanced ◆ Supranationals, agencies and municipalities have had a good war ◆ New ideas to promote covered bonds
Economic damage from the Middle East war will last for months, if not longer
Central banks in the region have stepped in with support and lenders are thought unlikely to let sub debt extend
Data
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Company said the deal helps reduce overall financing costs
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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
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