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The transaction took place last Monday and the bonds were priced with a coupon rate of 0.863 per cent per annum. HSBC Bank and Mizuho International led the transaction, which will be listed today (Friday) under the $1 billion programme listed on the Tokyo Stock Exchange and registered under the First Gulf Bank USD 3,500,000,000 Euro Medium Term Note (EMTN) programme. First Gulf Bank is the first organisation from the Middle East to issue under the new Tokyo Pro-Bond Market. The issuance quickly follows the bank s first Australian market transaction, which took place earlier this year when FGB concluded its 5-year Kangaroo bond issuance. Andre Sayegh, Chief Execitive Officer of FGB, said: This debut issuance on the new Tokyo Pro-Bond Market is a key part of FGB s ongoing strategy to diversify our sources of funding and expand into new markets. It complements our inaugural Kangaroo 5-year bond issuance earlier this year perfectly and has been positively received by investors. 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has concluded a 5-year 10 billion Japanese Yen bond as part of the $1 billion Tokyo Pro-Bond Market programme registered by the bank on June 11. The transaction took place last Monday and the bonds were priced with a coupon rate of 0.863 per cent per annum. HSBC Bank and Mizuho International led the transaction, which will be listed today (Friday) under the $1 billion programme listed on the Tokyo Stock Exchange and registered under the First Gulf Bank USD 3,500,000,000 Euro Medium Term Note (EMTN) programme. First Gulf Bank is the first organisation from the Middle East to issue under the new Tokyo Pro-Bond Market. The issuance quickly follows the bank s first Australian market transaction, which took place earlier this year when FGB concluded its 5-year Kangaroo bond issuance. Andre Sayegh, Chief Execitive Officer of FGB, said: This debut issuance on the new Tokyo Pro-Bond Market is a key part of FGB s ongoing strategy to diversify our sources of funding and expand into new markets. It complements our inaugural Kangaroo 5-year bond issuance earlier this year perfectly and has been positively received by investors. He concluded: The new Tokyo bond issuance increases our visibility in the APAC market and builds on our profile within the region. In November 2013, FGB issued $500 million 5-year bonds under its $3.5 billion EMTN programme. The transaction was well-received by international investors with a total subscribed value of $1.4 billion and registered a final price for the bonds at 180 basis points above interpolated midswaps (bps). The bonds are set to mature in January 2019.Meanwhile the National Bank of Abu Dhabi (NBAD), has successfully executed the UK government s debut Sukuk issue in its capacity as Joint Lead Manager and Joint Book runner. This ground breaking investment vehicle is the first-ever Sovereign Sukuk by a non-Islamic country and the first ever offered to the public in Pounds Sterling. The deal is for GBP200 million and has a maturity of 5 years. The offering was 11.5 times oversubscribed and was very well received by the investor community, and in particular by major institutional and Islamic accounts. This mandate confirms NBAD s position as a leading Debt Capital Markets and Sukuk House and is testament to our capability to deliver innovative term financing solutions for our customers, said Alex Thursby, the Group Chief Executive Officer of NBAD. Year-to-date global Sukuk issuance has reached $24 billion. This growing market provides a valuable and diversified funding source for clients across the West-East Corridor, Thursby said. WAM u