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The bank tightened a little more than a UAE peer did on Tuesday
The euro tranche is a refi of a bond maturing later in September
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
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Emerging market investors are hailing a change in sentiment ahead of this week's economic policy symposium at Jackson Hole. The hunt for yield that has driven investors into emerging market assets all year has been replaced by a "hunt for safety". -
Argentine sovereign bonds closed broadly flat on Tuesday as the central bank governor and new finance minister appeared to say the right things to appease markets and the IMF confirmed it would visit the country soon.
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International investors are divided over whether to put more money to work in the Russian domestic bond market after the latest round of US sanctions against the Russian sovereign.
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Being a banker is no longer about being book smart, but more about being street smart, in the age of phishing scams.
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Sunac China Holdings has raised a $280m loan term from five lenders.
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China introduced its new benchmark rate, the loan prime rate (LPR), over the weekend, with the first rate published on Tuesday. The reform, which aims to help companies lower their funding costs, is likely to boost the onshore market but will make the already slow offshore market even more difficult.
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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
