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The bank is offering over 100bp of premium to the Kazakh sovereign
The bank is the largest in the country and a close proxy for investors to the government
Data
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High quality borrowers return to dollars as Bank Mandiri brings first FIG deal since banking fears began
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Full results announced: Americana, DEWA and Air France-KLM also recognised as outstanding deals
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Saudi bank initially offered a 25bp premium before tightening well below fair value
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No Turkish issuers to tap the primary market before May's election except for the sovereign
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European sovereign will probably not issue in dollars or euros again this year, but has eyes on other markets
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Investors have shown high demand for other emerging market sovereigns in the past week
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