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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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The company's second trade is very popular with buyers, like its 2024 debut
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Spread has peeped below the 100bp barrier
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Demand was over twice the issue size
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11 year dollar deal started 30bp-35bp back of curve, but wiped that out with tightening
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Analysts weigh implications for Argentina's currency trading band
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Fast-growing Stifel and Cantor target Europe and Middle East
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