Egypt could tap international bond markets to raise up to $1.5 billion next year to shore up its finances and is open to agreeing an International Monetary Fund loan package if needed, Finance Minister Hany Kadry Dimian said on Thursday.
Abu Dhabi Securities Exchange (ADX) has listed the first set of government bonds worth $1.5 billion in assocation with Abu Dhabi’s Department of Finance (DOF), said a report.
It aims at building a bond market operating under
Emirates NBD (ENBD), Dubai's largest lender, has priced a 100 million New Zealand dollar ($77.6 million) five-year bond, in what the lender said was a first in the currency from a Middle Eastern borrower.
The six per cent coup
Mubadala GE Capital, the commercial financing joint venture between Abu Dhabi's Mubadala and US firm GE, is considering raising funds through bond markets, market sources told IFR.
The company, a 50/50 partnership between the
Aktif Bank, Turkey's largest privately owned investment bank, has received regulatory approval to issue 200 million lira ($91 million) in Islamic bonds, the Capital Markets Board said.
The lender will sell the sukuk to qualifi
Bahrain looks set to get a vote of confidence from international investors when it offers a 30-year bond worth at least $500 million, in its first sale of such a long tenor.
The kingdom yesterday (September 9) opened books for the
Bahrain issued revised price guidance for its 30-year benchmark bond issue, with the order book due to close at 0900 GMT on Wednesday, a document from lead arrangers said.
Pricing is now slated at a yield of 6 to 6.125 per cent, r
Emirates NBD (ENBD), Dubai's largest lender, plans to sell a benchmark-sized capital-boosting bond, a document from lead managers said on Monday, looking to take advantage of favourable markets to strengthen its reserves.
Kuwait's Burgan Bank has chosen banks to arrange meetings with investors ahead of a potential issue of a capital-boosting bond, a document from lead managers said on Thursday, in what would be the first such debt sale from a Kuwaiti entity.
Bahrain has chosen four banks to arrange investor meetings before a potential long-dated sovereign bond issue, said a document on Tuesday from lead managers for the kingdom's first debt issue in over a year.
The kingdom hopes