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Top section
The sovereign's public and private bonds of similar maturities are trading over 25bp apart
◆ Gulf private placements bite back ◆ Bond new issue premiums rise ◆ CLOs catch a break
Business has sagged in the third quarter, but the pipeline is busy, despite an intractable war
Data
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As war drags on, banks are boosting hoards of cash after deposit outflows
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Just getting a deal done should be considered a success
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Deals in the past fortnight have been solid but US Treasury yields are volatile and rising
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The bank tightened a little more than a UAE peer did on Tuesday
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The euro tranche is a refi of a bond maturing later in September
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Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
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