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New issue premiums in recent weeks were lower compared to the highs after the Iran-US conflict began
Belgium and two European agencies also mandated, even as the US and Iran failed to reach a peace deal
‘Whole curve open’ for SSA issuers but seven year point stands out as ‘interesting’ spot amid euro curve shape shift
Estonian sovereign outing its first under local law
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The latest developments in Greece’s negotiations with its creditors appear to have comforted investors. The country’s two year yield has fallen over 100bp this week.
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Issuers in the sovereign, supranational and agency sector with funding to do in June face a tricky choice of whether to hurry up or wait until Greece has come to some agreement with its creditors.
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Spain and Council of Europe Development Bank hit the long end of the curve in euros on Tuesday ahead of a Greek debt repayment deadline later this week.
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Emaar Economic City, the consortium joint venture between Dubai's Emaar Properties and Saudi investors, has signed a Sr1bn ($267m) Islamic loan facility with Saudi banks.
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Egypt has signed loans totalling $140m with the African Development Bank to fund infrastructural and economic development, with a focus on improving Sharm El-Sheikh Airport.
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Mongolia is planning to return to the international bond market for the first time since 2012 with a $1bn offering after resolving all of its differences with global mining giant Rio Tinto, the government said in a statement last week.