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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
African issuers are dominating CEEMEA issuance
Data
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The reaction was so benign that a small bank printed an AT1 this week
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Up to 30bp new issue premium offered at initial pricing disappeared
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BBVA and ENBD learnt of change when IPTs were put out
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Gulf lenders continue subordinated issuance spree with fresh SNB deal
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The sovereign also issued one of the longest date deals from a CEEMEA sovereign this year
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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