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Country's sovereign bonds will react well to an opposition victory, but an Orban win will prompt a sell-off
Concession was higher than trades from earlier in the year
Funding costs and new issue premiums are much higher than GCC issuers are used to
Data
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◆ Austrian bank completes strategic capital refi ◆ Investor response show 'no consensus' on pricing for 'very esoteric name' ◆ New deal has lower funding cost than March's pulled attempt ◆ Other debut issuers show deeply subordinated capital remains desirable
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Sovereign will probably print the five-year sukuk on Tuesday
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There was no clear reason why local banks were not picked, sources said, for first time in 17 years
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Local banks play a vital role for the country in both domestic and international capital markets
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Saudi Arabia's wealth fund sold a 2% stake in telecoms utility
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Second African telecom tower owner to issue bond this year
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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