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More of the month's issuance came from high yield trades
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Sovereigns are finding greater demand despite yields being lower than earlier in 2025
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Sentiment improving but issuers on pause until January
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Up to seven potential tranches will be priced on Thursday
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Investors want to lock in high coupons while they can and issuers hope for lower costs
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The IPO syndicate, which features what is believed to be the first ever stabilisation mechanism in the UAE, has been rejigged
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Juicy initial pricing lured investors but demand stayed strong even after tightening
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‘Stars align’ for issuers to return to bonds amid optimism that the US Fed may be done with rate hikes for now
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