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Two more follow Darwish and Safa leaving last month
Investors are getting about 45bp-65bp for an extra year of tenor
The outcome from a fiscal policy perspective is 'binary', said an emerging markets debt investor
Data
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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
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Oversubscription rate has fallen from last autumn, but concessions have shrunk
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Deal could raise $900m, more Gulf sell-downs are expected
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Banks are taking back control after Covid
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