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◆ Record Gilt and hot sterling bonds give the lie to ‘UK crisis’ chatter ◆ Emerging market bonds bask in rampant demand ◆ Qualms creep into public sector bonds as investors get choosy
CEEMEA primary market has been strong in the past fortnight, but it is not bulletproof
Heavy issuance likely for much of September
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The country plans to issue more in 2025 than the past few years, doing half the target on Tuesday
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Damac boosted the size to $750m from earlier guidance of $600m
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The dollar order book more than halved as the issuer cut the yield on offer
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The bank landed well inside fair value estimates, according to three observers
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Comparables are from shareholders like Saudi Arabia and other regional MDBs
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
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Sponsored by European Investment Bank
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