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Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
2026's lead in issuance over 2025 has shrunk since the US-Iran war broke out
Data
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Bankers and investors could be forgiven for having more pressing concerns than the primary market this week
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The well known issuer also saw a high level of interest from international investors
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Russian stocks traded up 15% on Friday, following Thursday's drop after the EU and US announced new sanctions against Russia
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LatAm nation eyes new ESG frontier in sovereign debt
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The South America sovereign should be praised for taking first mover risk
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Global equity investors are getting a taste for the Gulf region, attracted by a busy pipeline, strong trading performances and high hydrocarbon prices. Being well away from Ukraine also helps.
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