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The sovereign is ramping up overseas issuance, plans to branch out into new currencies
Premium to dollars could be between flat and 10bp, said leads
The UAE bank capped the deal size at $500m, gaining some leverage over pricing
Data
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More articles
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The US shutdown has not stopped deals, but its end may make primary even better -
Only a few issuers had to pay any NIP, and none were in double digits
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Despite the rise in dollar funding, local markets still provide the bulk of sovereign's borrowing
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The yield was one of the highest for a sovereign dollar bond this century
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The trade was a little smaller than last year's debut, but has another social label
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A sovereign issuing bonds after US military strike threats would be absurd if those threats had been made by any other president
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