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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
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Bankers spot IPTs 50bp-60bp back of secondary levels
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2023 has been a slow year for Saudi Arabia's IPO market
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Using the dollar market makes sense, said one banker, as US investor interest in CEE increases
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High liquidity in Gulf means more sukuk during May and June
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The trades drew big order books and each issuer was able to crunch pricing by tens of basis points
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- Pivotal moment for Turkey’s bond issuers - Once upon a time… in Ecuador - Crunch time for RMBS
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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