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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
Data
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Demand for sovereign deal brings hopes that corporate supply will follow -
Around 50bp of concession offered at IPTs
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With third bond of 2023, sovereign wraps three quarters of external funding
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Listings by privately owned companies are expected to play a greater role in the Middle Eastern IPO market this year
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Spanish bank taps Japanese rival to bolster credit trading
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Manageable maturity profile not enough to stop bondholders fleeing
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
