Middle East
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EM pipeline keeps flowing in face of US Treasury volatility -
Recent US Treasury volatility meant the Emirates bank played safe on pricing
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The Dubai real estate firm is a 'niche' issuer for investors, said one fund manager
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The note would be ENBD's first in dollars this year after Kangaroo and UAE dirham notes
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Uzbekistan plans a dollar and som deal next week and others are lining up
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Bankers disagree on how much issuance there will be and who could print, but investors are keen
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The company is strong and has a good ESG profile, but ownership is a question mark
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The bank paid only a slim concession, if any
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Turkish borrowers are forming a queue to issue, said one banker
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Dubai-based hospitality group used recent real estate deals as comps
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Only one other UAE bank has an outstanding tier two bond
