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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
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Bookrunners would have preferred a bigger gap between this week's two Turkish bank trades
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Demand was much better than similar deal from two months ago
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First trip to the dollar market for nearly a decade
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Low Gulf corporate bond issuance volumes prompt big book and small NIP for port operator
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Swiss franc market offered alternative to US PP for Chilean coke bottling franchise
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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