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Fixed Income Trading January 31, 2017 USD GCC ISSUES

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Fixed Income Trading January 31, 2017 USD GCC ISSUES Fixed Income Trading January 31, 2017 USD GCC ISSUES Outstanding Coupon Indic. Offer Yield Credit Rating Risk Security Name ISIN Code Maturity Coupon % Indic. Bid Country Payment Rank Min. Size Industry Amount (Mio) Type Offer % S&P/Moody/Fitch Rating ABU DHABI GOVT XS1402929589 3-May-2021 2500 FIXED 2.13 98.88 99.38 2.28 AA/-/AA UNITED ARAB EMIRATES Sr Unsecured 200,000 Sovereign P2 ABU DHABI GOVT XS1402929746 3-May-2026 2500 FIXED 3.13 98.75 99.25 3.22 AA/-/AA UNITED ARAB EMIRATES Sr Unsecured 200,000 Sovereign P3 ABU DHABI NATIONAL ENERGY XS0863524277 12-Jan-2023 1250 FIXED 3.63 100.55 101.14 3.41 A-/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Energy P4 ABU DHABI NATIONAL ENERGY XS1017435352 6-May-2024 750 FIXED 3.88 100.78 101.36 3.66 A-/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Energy P4 ABU DHABI NATIONAL ENERGY XS1435072464 22-Jun-2026 1000 FIXED 4.38 101.74 102.30 4.08 A-/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Energy P4 ADCB XS1199968998 10-Mar-2020 750 FIXED 2.63 99.46 100.09 2.59 A/-/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 Banks P3 ADCB XS0897453493 6-Mar-2023 750 FIXED 4.50 102.19 102.82 3.97 A-/NR/A UNITED ARAB EMIRATES Subordinated 200,000 Banks P5 AHLI BANK XS1394244252 13-Apr-2021 500 FIXED 3.63 100.98 101.50 3.24 -/A2/- QATAR Sr Unsecured 200,000 Banks P3 ARAB PETROLEUM INVESTMENTS (S)XS1310991424 28-Oct-2020 500 FIXED 2.38 98.89 99.82 2.43 -/Aa3/- SUPRANATIONAL Sr Unsecured 200,000 Banks P2 BANK MUSCAT XS0908549685 26-Mar-2018 500 FIXED 2.50 99.67 100.11 2.40 BBB-/Baa1/BBB OMAN Sr Unsecured 200,000 Banks P3 BANK MUSCAT XS1402946328 3-May-2021 500 FIXED 3.75 100.80 101.30 3.42 BBB-/Baa1/BBB OMAN Sr Unsecured 200,000 Banks P3 BANK OF SHARJAH XS1117297272 8-Jun-2020 500 FIXED 3.37 99.07 99.71 3.47 -/-/BBB+ UNITED ARAB EMIRATES Sr Unsecured 200,000 Banks P3 BATELCO XS0927183441 1-May-2020 519 FIXED 4.25 99.70 100.60 4.05 BB-/-/BB+ BAHRAIN Sr Unsecured 200,000 Telecommunications P5 BBK XS1207170736 24-Mar-2020 400 FIXED 3.50 96.50 97.57 4.34 -/Ba2/BB+ BAHRAIN Sr Unsecured 200,000 Banks P5 BURGAN BANK XS1489409240 14-Sep-2021 500 FIXED 3.13 98.57 99.21 3.31 -/A3/A+ KUWAIT Sr Unsecured 200,000 Banks P3 COMMERCIAL BANK OF DUBAI XS1321976950 17-Nov-2020 400 FIXED 4.00 102.39 102.84 3.20 -/Baa1/A- UNITED ARAB EMIRATES Sr Unsecured 200,000 Banks P3 COMMERCIAL BANK OF QATAR XS1432416029 13-Jun-2021 750 FIXED 3.25 99.30 99.86 3.29 BBB+/A2/- QATAR Sr Unsecured 200,000 Banks P3 DAMAC (S) XS1054932154 9-Apr-2019 650 FIXED 4.97 99.28 99.96 4.99 BB/-/- UAE Sr Unsecured 200,000 Real Estate P5 DIB (S) XS1241110300 3-Jun-2020 750 FIXED 2.92 99.17 99.71 3.01 -/Baa1/A UNITED ARAB EMIRATES Sr Unsecured 200,000 Banks P3 DIB (S) XS1387925958 30-Mar-2021 500 FIXED 3.60 100.72 101.24 3.28 -/Baa1/A UNITED ARAB EMIRATES Sr Unsecured 200,000 Banks P3 DIFC (S) XS1120403313 12-Nov-2024 700 FIXED 4.33 103.45 104.07 3.72 BBB/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Financial P4 DP WORLD XS1234270921 18-May-2020 500 FIXED 3.25 101.27 101.85 2.66 -/Baa2/BBB UNITED ARAB EMIRATES Sr Unsecured 200,000 Transportation P3 DP WORLD (S) XS1419869968 31-May-2023 1200 FIXED 3.91 100.30 100.86 3.75 -/Baa2/BBB UNITED ARAB EMIRATES Sr Unsecured 200,000 Transportation P4 DUBAI DOF (S) XS1376847999 20-Mar-2025 569 FIXED 3.89 100.02 100.64 3.80 -/-/- UNITED ARAB EMIRATES Sr Unsecured 1,000 Sovereign P4 DUBAI GOVT INT'L BONDS XS0880597603 30-Jan-2043 500 FIXED 5.25 94.50 95.50 5.58 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Sovereign P5 EA PARTNERS I BV XS1293573397 28-Sep-2020 700 FIXED 6.88 98.88 100.11 6.84 -/-/B- UNITED ARAB EMIRATES 1st lien 200,000 Airlines P5 EA PARTNERS II BV XS1423779187 1-Jun-2021 500 FIXED 6.75 98.21 99.21 6.96 -/-/B UNITED ARAB EMIRATES Unsecured 200,000 Airlines P5 EMAAR (S) XS1488480333 15-Sep-2026 750 FIXED 3.64 95.74 96.36 4.10 BBB-/Baa3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Real Estate P4 EMAAR MALL GROUP (S) XS1075401726 18-Jun-2024 750 FIXED 4.56 103.18 103.91 3.95 BBB-/Baa2/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Real Estate Oper./DeveloperP4 EMIRATES AIRLINES XS0885065887 6-Feb-2025 607 FIXED 4.50 101.59 102.43 3.82 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Airlines P4 EMIRATES ISLAMIC BANK (S) XS1418855455 31-May-2021 1000 FIXED 3.54 100.62 101.10 3.27 -/-/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 Banks P2 EMIRATES NBD XS1227814883 6-May-2020 350 FIXED 3.00 100.23 100.85 2.72 -/A3/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 Banks P3 EMIRATES TELECOM XS1077883012 18-Jun-2024 500 FIXED 3.50 100.98 101.82 3.22 AA-/Aa3/A+u UNITED ARAB EMIRATES Sr Unsecured 200,000 Telecommunications P3 EQUATE PETROCHEMICAL XS1513739927 3-Mar-2022 1000 FIXED 3.00 96.96 97.45 3.55 BBB+/Baa2/- KUWAIT Sr Unsecured 200,000 Petrochemicals P4 EQUATE PETROCHEMICAL XS1513739760 3-Nov-2026 1250 FIXED 4.25 98.16 98.74 4.41 BBB+/Baa2/- KUWAIT Sr Unsecured 200,000 Petrochemicals P4 ETIHAD AIRWAYS (S) XS1525419617 30-Nov-2021 1500 FIXED 3.86 101.49 102.06 3.39 -/-/A UNITED ARAB EMIRATES Sr Unsecured 200,000 Airlines P3 EZDAN SUKUK (S) XS1411381111 18-May-2021 500 FIXED 4.38 100.41 101.05 4.11 BBB-/Ba1/- QATAR Sr Unsecured 200,000 Real Estate P5 FLY DUBAI (S) XS1137967409 26-Nov-2019 500 FIXED 3.78 100.77 101.49 3.22 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Airlines P3 GULF INT'L BANK XS1555315768 25-Mar-2022 500 FIXED 3.50 99.17 99.58 3.59 -/Baa1/A- BAHRAIN Sr Unsecured 200,000 Banks P4 INVESTMENT CORP OF DUBAI (ICD)XS1069870415 21-May-2024 300 FIXED 4.63 101.66 102.46 4.23 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Financial P4 => All Conditions are Indicative and subject ot market changes and liquidity constrains Fixed Income Trading January 31, 2017 USD GCC ISSUES Outstanding Coupon Indic. Offer Yield Credit Rating Risk Security Name ISIN Code Maturity Coupon % Indic. Bid Country Payment Rank Min. Size Industry Amount (Mio) Type Offer % S&P/Moody/Fitch Rating INVESTMENT CORP OF DUBAI (ICD)XS1069869839 (S) 21-May-2020 700 FIXED 3.51 100.28 101.03 3.18 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Financial P3 INVESTMENT CORPORATION OF DUBAIXS1558166861 ( S) 1-Feb-2027 1000 FIXED 5.00 102.10 102.60 4.67 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Investment Companies P4 IPIC XS1537312172 19-Dec-2021 700 FIXED 3.39 99.87 100.39 3.30 AA/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 Sovereign P2 KINGDOM OF BAHRAIN XS0498952679 31-Mar-2020 1250 FIXED 5.50 104.52 105.15 3.76 BB-/NR/BB+ BAHRAIN Sr Unsecured 100,000 Sovereign P5 KINGDOM OF BAHRAIN XS1324932273 26-Jan-2021 975 FIXED 5.88 104.25 104.88 4.52 BB-/-/BB+ BAHRAIN Sr Unsecured 200,000 Sovereign P5 KINGDOM OF BAHRAIN XS0794901727 5-Jul-2022 1500 FIXED 6.13 104.64 105.29 5.00 BB-/-/BB+ BAHRAIN Sr Unsecured 200,000 Sovereign P5 KINGDOM OF BAHRAIN XS1324931895 26-Jan-2026 1125 FIXED 7.00 104.99 105.63 6.17 BB-/-/BB+ BAHRAIN Sr Unsecured 200,000 Sovereign P5 KINGDOM OF BAHRAIN XS1405766541 12-Oct-2028 1000 FIXED 7.00 102.45 103.11 6.61 BB-/-/BB+ BAHRAIN Sr Unsecured 200,000 Sovereign P5 KINGDOM OF BAHRAIN XS1110833123 19-Sep-2044 1250 FIXED 6.00 83.72 84.67 7.30 BB-/-/BB+ BAHRAIN Sr Unsecured 200,000 Sovereign P5 KINGDOM OF BAHRAIN (S) XS1405770733 12-Feb-2024 1000 FIXED 5.62 102.62 103.19 5.08 BB-/-/BB+ BAHRAIN Sr Unsecured 200,000 Sovereign P5 KINGDOM OF SAUDI ARABIA XS1508675334 26-Oct-2021 5500 FIXED 2.38 97.33 97.48 2.95 -/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 Sovereign P2 KINGDOM OF SAUDI ARABIA XS1508675417 26-Oct-2026 5500 FIXED 3.25 95.25 95.75 3.78 -/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 Sovereign P3 KINGDOM OF SAUDI ARABIA XS1508675508 26-Oct-2046 6500 FIXED 4.50 97.50 98.00 4.62 -/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 Sovereign P4 KUWAIT PROJECTS XS1379107219 15-Mar-2023 500 FIXED 5.00 104.51 105.15 4.04 BBB-/Baa3/- KUWAIT Sr Unsecured 200,000 Holding Company P4 MAF GLOBAL SECURITIES XS1064799841 7-May-2024 800 FIXED 4.75 104.21 104.81 3.98 BBB/-/BBB UNITED ARAB EMIRATES Sr Unsecured 200,000 Financial P4 MAF SUKUK (S) XS1308713723 3-Nov-2025 500 FIXED 4.50 102.40 103.05 4.08 BBB/-/BBB UNITED ARAB EMIRATES Sr Unsecured 200,000 Financial P4 MUBADALA - MDC-GMTN B.V.
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