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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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JBS also sells a dual-tranche as well-known names waste no time after Labor Day -
The bank was encouraged by a Turkish peer’s trade that priced the previous day
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A successful trade is 'pretty vital' for other Turkish banks planning to issue
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Investors are keen for new issues, but they will be more selective than earlier in the year
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The Middle East's IPO market is heating up again after a lull this year
Sub-sections
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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
