Top section
Top section
Tight price and strong book reported as market awaits geographic breakdown
More deals are expected later in the week
The new issue premium was, at most, 10bp
Data
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More articles
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Observers have questioned why the country is issuing debt at this price
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Two senior investment bankers have resigned from SMBC, one headed to BBVA
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The sovereign is ramping up overseas issuance, plans to branch out into new currencies
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Premium to dollars was in the high single digits, said a lead
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The UAE bank capped the deal size at $500m, gaining some leverage over pricing
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The bank's regular appearances in primary markets stopped after Russia invaded Ukraine
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