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The bank is considering bond issuance in currencies other than the euro
◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
Books were €700m for what had been penned as a €750m deal
Data
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A dozen Middle East bonds postponed as Iran conflict flares -
Issuance in March was never going to be hefty after a record start to the year
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Government borrowing costs are rising on local and international markets, and credit ratings are falling
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The sell-off since war broke out has not been huge
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New methodology follows headroom created by S&P revision last year
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Accumulation of large debts has not accompanied the GCC's real estate boom, as in the past
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
