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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
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US election volatility means issuance may be more front-loaded than ever
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More than 12 regional and global banks joined the facility as Middle Eastern companies find M&A appetite
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Other CEE sovereigns have secured arbitrage by printing in dollars
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The yen market has had a rocky month after the Bank of Japan raised interest rates
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Domestic investors dominate shorter tranches, foreigners support longer bonds as Mexico hits size target
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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