National bank of oman (A3/NR/BBB+) announced itself to the international bond markets last Tuesday with its debut deal, but the issuer had to brush off a dour secondary market that had forced other Middle Eastern banks to pay up for bonds in the last month. NBO printed a US$500m five-year Reg S bond with what leads estimate to be a 5bp-10bp new-issue premium, despite Middle Eastern names swinging 7bp-9bp wider in the secondary markets in the run-up to pricing. The lender priced its deal at mid-swaps plus 135bp, or ayield of 3.125%. The bond was more than three times subscribed with an order book of US$1.6bn from 86 accounts. A ropey backdrop had seen other Middle Eastern banks take a bit of a pounding in the last month.
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机译：阿曼国家银行（A3 / NR / BBB +）于上周二宣布其首次发行交易，进入国际债券市场，但发行人不得不掠夺一个肮脏的二级市场，该市场迫使其他中东银行支付了该国的债券。上个月。 NBO发行了5亿美元的5年期Reg S债券，据估计这是5bp-10bp的新发行溢价，尽管在定价准备阶段，中东市场在二级市场上的股价上涨了7bp-9bp。该贷方将其交易定价为中期掉期加135个基点，或3.125％的收益率。该债券被认购超过三倍，从86个账户中认购了16亿美元。在艰难的背景下，其他中东银行在上个月遭受了重创。
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