Bond issue in Gulf oil producers increased slightly in the first quarter of 2011 to nearly $20 billion and prospects for such activity remains good despite regional political upheavals, a key Saudi bank has said.
From around $19.5 billion in the fourth quarter of 2010, total bond issuance in the six-nation Gulf Cooperation Council (GCC) edged up to around $20 billion in the first quarter of 2011, National Commercial Bank (NCB) said in a study released this week……………………………………….Full Article: Source