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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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Public market volatility opens windows for PPs
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Debut SLB priced at tighter level than other local municipal green bonds
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Elevated basis swap 'oiling the cogs' for niche issuance, says bankers
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Orange and French financial institutions retain minority stakes
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Banks turn to private placements to help shore up MREL ratios ahead of January deadline
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New bond to fund smart meter installations in Northern Italy