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The lender has only printed AT1 in the dollar market during the last few years
International issuers look to Swissies for diversification, even if costs are higher
Peace agreement will be needed to restore normal enthusiasm
Data
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The UAE bank capped the deal size at $500m, gaining some leverage over pricing
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The bank's regular appearances in primary markets stopped after Russia invaded Ukraine
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Japanese government bond yields have risen during the last few months
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Attractive pricing versus dollars luring GCC borrowers back to the single currency
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The seven year dollar bond's yield will likely be one of the highest in CEEMEA in the last few years
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Bankers expect another quiet week or two unless sovereigns dip into the market
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