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Sovereign left little, if anything, on the table for investors
The sovereign had to move fast to beat the release of US economic data
Data
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Supranational issuer finds rousing reception in dollar market while other SSAs struggled in euros
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New issues this week have been priced impressively but some warn underlying conditions are not as robust as advertised
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◆ Bank markets NC5 and NC10 dual trancher with a flat curve ◆ Deal follows another long dated dollar AT1 from BNP Paribas ◆ More EM dollar AT1s in the pipe
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Turkish issuers continue to pay little or no new issue premiums
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Lender is the only Gulf bank printing senior paper this week
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A fresh trade from Saudi Arabia's sovereign wealth fund beat expectations on Tuesday
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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