Todd Schubert, Managing Director, Fixed Income Research at Bank of Singapore sat down with us at the Bonds, Loans & Sukuk 2018 conference in Dubai to talk about GCC credits from both relative value and absolute perspectives, and assess the success of key fiscal reform efforts undertaken in the region.
12 Jun 2018
Martin Egan, Vice Chairman of Global Markets at BNP Paribas sat down with Bonds & Loans at the Bonds, Loans & Sukuk 2018 conference in Dubai to talk about the GCC debt capital markets pipeline, the delicate balance between oil price and regional volatility for investors, and potential replacements for LIBOR.
6 Jun 2018
Turkey has been making headlines over the last six months, rarely for enviable reasons – a large current account deficit, low interest rates and wobbly fundamentals culminated in the lira becoming the second cheapest EM currency in mid-May. Following the snap elections called last month, Bonds & Loans headed to Istanbul to look beyond the headlines and get some perspective from issuers and…
30 May 2018
Following up on its recent “double bill” international bond, the former Soviet republic hit the market again at a tough time, but the notes proved popular with international investors and saw some of the highest oversubscription levels in the sovereign space over the past year.
29 May 2018
As Turkey's Central Bank finally responds to the plight of Turkish lira with a 300bp overnight rate hike, Renaissance Capital's global chief economist Charlie Robertson looks back at how the country got itself into this pickle - and some of the possible solutions that could boost the economy.
24 May 2018
Andy Cairns, Senior Managing Director, Head of Global Corporate Finance at First Abu Dhabi Bank (FAB) sat down with Bonds & Loans at the Bonds, Loans & Sukuk Middle East 2018 conference in Dubai to talk about the newly created lender’s first year in operation and it’s market leading position across debt financing in MENA.
24 May 2018
Neeraj Agrawal, Chief Financial Officer of Crescent Petroleum sat down with Bonds & Loans at the Bonds, Loans & Sukuk 2018 conference in Dubai to talk about the funding team's key priorities this year, and dislocations between risk and the perception of risk in the GCC.
22 May 2018
The Saudi real estate developer continues to be one of the most active corporates on the GCC Islamic finance markets, with its latest USD500mn sukuk pushing the total value of the company’s Shariah-compliant instruments listed on Nasdaq Dubai to USD1.85bn. Bonds & Loans speaks with Mika Toivola, Chief Financial Officer, Finance Group, Dar Al-Arkan, about the latest trends in the sector and the…
15 May 2018
Participants at an exclusive Sovereign Sukuk Roundtable hosted by Bonds & Loans and Emirates NBD Capital were upbeat about the benefits sukuk bring for both borrowers and investors, but concerns around thin liquidity, a lack of standards, and regulatory uncertainty have prompted difficult questions about the outlook for the asset class.
11 May 2018
With a weakened currency and political volatility riding high, some analysts are concerned about the growing likelihood of a hard landing in Turkey – ever more with the backdrop being a strengthening dollar and US monetary policy normalisation. We speak with Albaraka Turk Chief Treasury and Investment Officer Malek Temsah about the country’s economy and the banking sector.
10 May 2018