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Mideast bond sales soar to record as turmoil fades

Posted on 14 March 2012

Middle East bond sales are off to a record start this year after political unrest that swept through some nations in 2011 subsided and as concern waned that Europe’s debt crisis would impinge on demand for regional debt.
Regional governments and companies raised $10.1bn in bonds in so far in 2012, the most for the same period since Bloomberg began tracking the data in 1999. A $4bn Islamic bond sale in Saudi Arabia, the biggest Arab economy, steered a 55% rise in sales from the year-ago period………………………………………..Full Article: Source

 
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