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Observers wanted 30% of allocations to go overseas, but ENBD fell a little short
Investors are getting plenty of state owned issuance from Kazakhstan this month
Demand for new bonds has not dropped off since the Iran war started, but new issue premiums have jumped
Data
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Recent US Treasury volatility meant the Emirates bank played safe on pricing
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The Dubai real estate firm is a 'niche' issuer for investors, said one fund manager
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The note would be ENBD's first in dollars this year after Kangaroo and UAE dirham notes
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Uzbekistan plans a dollar and som deal next week and others are lining up
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Bankers disagree on how much issuance there will be and who could print, but investors are keen
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EM AsiaGovernment plans more rupee bonds, including long dated and green, having gained JP Morgan backing
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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