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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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Deal brought to market with zero NIP after 'continual demand'
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African sovereign is an infrequent visitor to the international bond market
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Volumes in the region returned to pandemic levels this month
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Low cost of funding and consistency in Turkey win ENBD fans
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State-owned oil and gas company is looking to repurchase bonds maturing in 2026 and 2031
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Despite the end of a debt standstill looming, talks in June failed to reach a deal
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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