Top section
Top section
Tight price and strong book reported as market awaits geographic breakdown
More deals are expected later in the week
The new issue premium was, at most, 10bp
Data
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Concession was higher than trades from earlier in the year
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Funding costs and new issue premiums are much higher than GCC issuers are used to
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A piece of very rare African senior bank issuance could also come this week
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Senior banker will move to Abu Dhabi to take up position
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Sovereign's trade will form a yardstick for concessions investment grade CEEMEA borrowers may need to offer
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