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The lender has only printed AT1 in the dollar market during the last few years
International issuers look to Swissies for diversification, even if costs are higher
Peace agreement will be needed to restore normal enthusiasm
Data
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Uzbek bank's deal is the first deal from the country in 2026
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The lender started investor meetings late in April
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Books were more than five times the deal size, which was capped
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The trade is the first from a 'mid-tier' Uzbek lender
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The dollar market is offering cheaper funding at the shorter end
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Victoria Power Network makes first appearance in the currency
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