Middle East
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Bond adds to already strong CEEMEA supply -
The new issue premium on offer was considerably smaller the last new bond issued by the sovereign
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Turkey has benefited from support from official investors in the Middle East
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Scarce issuance from Israel means investors have big demand when deals appear
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Jumbo deal demonstrates the amount of cash investors have to deploy
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Bankers and investors saw the concession as low as zero but as high as 20bp
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Lender’s book was nearly three times oversubscribed, despite opening in London
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CEEMEA heads to record-breaking January
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US inflation reading later this week will be the first major test for the EM primary market this year
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The region will continue to generate large IPOs despite its mixed recent track record
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International banks are finding it harder to stomach the prices local rivals can offer
