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A trade from Africa could come this week
New facility smaller than the original but 20% larger than the launch amount
Foreign issuers tap market for price and diversification
Data
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Tight price and strong book reported as market awaits geographic breakdown
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More deals are expected later in the week
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The new issue premium was, at most, 10bp
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Flood of AT1s expected to follow the first public trade from the Gulf in over two months
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Issuers are coming at different tenors in dollars, and one with a rare global bond
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