JPMorgan Tops Mideast Bond Deals as Borrowing Binge Sets Record
- New York-based bank on all three government deals in past week
- MENA debt sales climbs to an all-time high of $89 billion
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It’s a bumper bond harvest in the Middle East and North Africa, with governments raking in $23.5 billion in the past week alone.
Not only do the sales boost 2017’s offerings to a new record, it also firms up JPMorgan Chase & Co.’s lead as the region’s top manager for a second straight year.