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Middle East 2012 bond sales to surpass 2011, Morgan Stanley says

Posted on 16 January 2012

Middle East and North Africa foreign bond sales will this year surpass last year’s $27.6 billion as borrowers need to pay loans and will increasingly choose bonds, Morgan Stanley & Co. said.
“The bulk will be government and government-related debt issuance” and financial institutions will continue to be “active,” Klaus Froehlich, managing director for capital markets for the Middle East and North Africa told reporters in Dubai today. Offers of Islamic bonds or sukuk will also rise as there is “enormous appetite” for the debt, he said………………………………………..Full Article: Source

 
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