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Market participants have highlighted drop in Uzbek bond volumes this year
In Europe loans are the key to opening ancillary business while in the Middle East relationships should cap premiums
Uzbek issuance has fallen to near zero after a busy few years
Data
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Very little — if any — premium left for the Public Investment Fund, a major shareholder -
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Issuer is the only Armenian bank that has printed on the international market
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The company trades tight to its parent, the Oman government
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