Saudi Arabia
-
Meanwhile, Saudi lenders are pricing their first subordinated trades of the year after a record 2025
-
Investors showed more appetite for duration than shorter notes
-
Saudi government borrowing in 2026 may be lower than in previous years
-
PIF's commercial paper programmes have been rated by S&P
-
Deal is only fourth accelerated sale in a quiet year for Saudi blocks
-
Market is particularly interesting for banks doing capital trades
-
Company has offered the highest yields on Saudi Arabian new issues in the last few years
-
Investors are growing full of heavy subordinated issuance
-
Comps are the owner, PIF, and bonds from aircraft lessors around the world
-
Five banks in the GCC have opened books, or plan to, on new paper this week
-
A pair of Gulf issuers are considering adding to the resurgence in euro issuance from the region
-
The wealth fund hopes to secure a funding arbitrage compared to dollars