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Secondary market selling of private bonds may be wreaking havoc with the primary market for public debt but the trades were still the right thing to do
Sovereign's $3bn deal tightens well as Asian demand returns
The sovereign's public and private bonds of similar maturities are trading over 25bp apart
Data
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Outcomes-based structure is like ‘an efficient grant’, argues Société Générale
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Issuing in dollars allowed BGK to price 40bp inside its euro bonds
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Books hit over $27bn as investors rushed in to put their money to work
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The real estate company will have to offer a chunky premium to other recent issuers from Abu Dhabi
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IPO of Abu Dhabi state oil division set to raise more than $600m
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Bankers spot IPTs 50bp-60bp back of secondary levels
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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