EM CEEMEA CREDIT: Sobha Realty: Launch $ 5Y Green Sukuk

Sep-04 12:08

(SOBHA; Ba2/BB/NR)

IPT: 7.750%-7.875%
FV: 7.375%
Size Set at US$750mm
Yield previously set at 7.375%
Orderbook > US$2bn (excl. JLM interest) at final yield
mkt source

Link to earlier FV note:
https://mni.marketnews.com/4lX801y 

Historical bullets

STIR: Repo Reference Rates

Aug-05 12:03
  • Secured Overnight Financing Rate (SOFR): 4.33% (-0.01), volume: $2.828T
  • Broad General Collateral Rate (BGCR): 4.31% (-0.01), volume: $1.141T
  • Tri-Party General Collateral Rate (TCR): 4.31% (-0.01), volume: $1.117T
  • (rate, volume levels reflect prior session)

GILT PAOF RESULTS: GBP1.124997bln of the 4.50% Mar-35 Gilt sold.

Aug-05 12:02
  • GBP1.125bln have been on offer.
  • This leaves GBP40.752bln of the gilt in issue.

STIR FUTURES: BLOCK: Dec'25 SOFR Sale

Aug-05 11:55
  • -10,913 SFRZ5 96.26, post time bid at 0738:25ET.
  • The Dec'25 contract trades 96.255 last (-0.035)