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Meanwhile, Gulf borrowers head private as Iran war volatility keeps public flow thin
◆ Gulf issuers turn to private markets ◆ Public sector and corporate borrowers to bring forward plans ◆ Banks re-enter covered and unsecured funding markets
Easter holidays and Middle East volatility subdued regular private placement activity though Gulf states step up private funding
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Sovereign will raise over €5bn in green formats next year -
‘Tactical’ niche currency deals to supplement increased benchmark funding
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A single investor bought the $50m private placement which carries an SDG label
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Supranational now has Nkr7bn of labelled debt in Nokkies
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Finnish agency calls in on euros, knocks on Nokkie and floats into dollars
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