NCB sells AT1, market anticipates govvie deal
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Emerging MarketsEM Middle East

NCB sells AT1, market anticipates govvie deal

AdobeStock_Saudi_bank_575x375_18Jan2021

Saudi Arabia’s National Commercial Bank sold an additional tier one bond this week. Some see the trade from the kingdom’s largest financial institution as a prelude to a bond sale by the sovereign, which could happen next week.

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