Top section
Top section
◆ Middle East capital securities will need to be refinanced ◆ Supranationals, agencies and municipalities have had a good war ◆ New ideas to promote covered bonds
Economic damage from the Middle East war will last for months, if not longer
Central banks in the region have stepped in with support and lenders are thought unlikely to let sub debt extend
Data
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Observers expected the oil company's deals would be priced close to the Saudi sovereign's curve
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Very little high-quality corporate issuance from South Africa has been available to investors
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Book of over $7.5bn prompts enlargement
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Volatility could be ahead, warned one fund manager
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Book shrank by $700m after the issuer squeezed spread
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Sovereign may need to issue before long
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