ABU dhabi commercial bank's successful closure of a US$750m 3% 2019 bond last Monday was an indication that investors were beginning to differentiate between geographies within emerging markets, a lead banker on the trade said. The Emirati lender, rated A/A+ from S&P/Fitch, priced the five-year Reg S note at 99.765, setting the final spread at 140bp over mid-swaps, flat to 5bp back of the outstanding curve. It was able to achieve such tight pricing because of a lack of deals from the region -this is the first international FIG deal from the Gulf in 2014 - and positive investor sentiment towards the Middle East.
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机译：该交易的一位主要银行家表示，阿布扎比商业银行上周一成功关闭了7.5亿美元，利率为3％的2019年债券，这表明投资者开始在新兴市场中区分不同地区。阿联酋信贷机构被S＆P / Fitch评为A / A +评级，五年期Reg S债券定价为99.765，将中期息的最终息差设定为140bp，持平于出色曲线的5bp。由于该地区缺乏交易（这是2014年海湾地区首笔国际无花果交易），以及中东投资者的积极情绪，该公司得以实现如此严格的价格。
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