Middle East
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The real estate firm's only sukuk has traded well since issued in February -
The tenor may be 'unusual' but the sovereign did not 'have much choice'
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Trade will test investor appetite for longer dated bonds, said one banker
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Saudi Arabia is the only other Gulf sovereign to have raised in euros
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Quality not quantity in a $1.1bn order book
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Demand for Turkey, where metrics are improving 'day by day', is still good, said one banker
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No premium needed for $750m seven year sale
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Issue watched closely to gauge demand for Turkish T2
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European banks return to the facility alongside 'more new GCC banks'
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New issue premium had been thought likely after heavy Turkish bank issuance in recent months
