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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves, Research more

GCC bond market stifled by regional unrest: bank

Posted on 03 May 2011

The ongoing political upheavals in the Middle East and North Africa (MENA) have adversely affected the bonds market in Gulf oil producers as investors sought to cut their exposure to the region, a key Saudi bank has said.
Bond prices have been somewhat volatile, and there has been a rally in recent weeks as investors have sought exposure to high-grade names, especially in Qatar and the UAE, and in recognition of the financial strength of Gulf sovereigns, the Saudi American Bank group (SAMBA) said in a study……………………………………….Full Article: Source

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