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Uzbek bank's deal is the first deal from the country in 2026
The lender started investor meetings late in April
Books were more than five times the deal size, which was capped
Data
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Yields on the 10 year US Treasury have hit a level reached only once since 2007
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The sovereign has already raised $16bn this year via a sukuk and a conventional bond
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IDB Invest deal backed by government-guaranteed securities offers 90bp pick-up to sovereign
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Some investment grade issuers have the luxury of waiting to print new bonds
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Investors in Asia made up a quarter of a previous sukuk, but few took part in Julyβs deal
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β Gabon gets it right second time β FIG forgets itβs meant to be summer break β AT1s complete their redemption arc
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Sponsored by CAF β 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