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US Treasury yields have jumped in the past week
Kevin Warsh's speech at Jackson Hole has pushed up borrowing costs for dollar issuers
◆ Three year creates another point on curve ◆ €750m was target, Leumi’s deputy CEO said ◆ Strong market reopening after summer lull gave confidence
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Trade will test investor appetite for longer dated bonds, said one banker -
Saudi Arabia is the only other Gulf sovereign to have raised in euros
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The energy firm hopes to issue new vanilla bonds in the near future
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Original note has traded well since launch in February
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Hung parliament seen as best outcome for bond issuers, even if swing to left was unexpected
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◆ UK ousts Tories from power... ◆ ... setting up final round of French elections as only bar to primary market revival ◆ EM debt restructurings: balancing what creditors demand with what voters need
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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
