Middle East
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Views vary on the exact new issue premium the emirate paid -
IPO was covered throughout the initial range on day one
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Leads say guidance started flat to sovereign for new dollar deal
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EM dedicated investors will only buy if they have to, but GCC funds are flocking to UAE
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Investors have not had a chance to buy a new bond or sukuk from Oman for more than two years
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Several companies have redeemed bonds this year, but none has issued
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The note traded higher on secondary markets on Wednesday
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Investors are receptive to new Turkey bonds, but borrowers will have to be careful in their approach
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Lack of bonds and sukuk from Oman should create high demand, said one observer
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Gulf investors have had very little sovereign sukuk to buy this year
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TSKB is the third Turkish bank issuer to sell a new bond in the past seven days
