Annual coupon rate of 4.625%; Priced with a spread of 88 basis points over 10-year US Treasuries, the tightest in Ooredoo history
dollar bond
Latest in dollar bond
Bond
Strong demand as UAE government’s 10-year USD bond oversubscribed five times
The $1.5 billion bond, to be listed on Nasdaq Dubai and the London Stock Exchange, has been issued with a yield of 4.917%
Adani Group
Adani dollar bonds no good for loans, says Standard Chartered
Earlier the wealth investment unit of Citigroup and the lending arm of Credit Suisse have stopped accepting Adani Group securities
bond issuance
Saudi Arabia announces partial repurchase of $1.3 billion outstanding dollar-denominated bonds
These bonds are maturing in 2023, 2025 and 2026
dollar bond
Saudi Arabia weighs selling dollar sukuk as soon as October
With one of the world’s lowest debt levels, Saudi Arabia has been one of the biggest issuers in emerging markets
Abu Dhabi
Middle Eastern bond sales surge as yields hit record lows
Sovereigns and companies from the region have raised around $85 billion of dollar and euro bonds this year
bond market
Gulf bonds have best month on record despite the oil slump
Money managers were drawn like never before to the Gulf region whose average sovereign credit rating is A+, on par with China, Chile and Ireland
bond market
GCC bond issuance surges to record $40bn in Q2 2019
Bulk of issuance in Q2 came from Saudi Arabia with $26.8bn
bond market
Saudi investments in US bonds increase to $170bn
The Institute of International Finance estimates the Public Investment Fund’s assets at around $300 billion
Aramco IPO
Interest in Saudi Aramco bond sale said to reach $26bn
State-owned oil giant drums up support for its debut offering at presentations in New York, Chicago, Singapore and Tokyo
budget deficit
Lebanon’s brief morale boost is giving way to frustration among investors and creditors
Lebanon’s economy is creaking under the strain of public debt, which the World Bank has warned is on ‘an unsustainable path’
bond market
Why Oman has work to do before bond sale
If Oman does tap the international bond market, it would join a plethora of governments who sought to take advantage of sudden surge in risk appetite
dollar bond
India’s SBI raises $1.25bn from overseas bonds
Some analysts see the move as a proxy attempt by the government to prevent the rupee from falling again
budget deficit
Video: Saudi Arabia’s finance minister Mohammed al-Jadaan on debt, bond issuance
Saudi Arabia intends to issue around 120 billion riyals ($32 billion) of bonds next year to help finance its deficit, with plans to tap international markets in the first half.
budget deficit
Saudi Arabia aims for $32bn in bond sales
Saudi Arabia is considering bond sales in dollars and other currencies
budget deficit
Saudi Arabia said to start $2bn Islamic bond sale
Saudi Arabia has started the sale of dollar-denominated Islamic bonds and is seeking to raise about $2bn
Bond sale
Saudi Arabia raises $11bn in biggest EM bond sale of 2018
Saudi Arabia has been one of the biggest issuers in emerging markets since a plunge in oil prices