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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

GCC bond, Sukuk volume surge 37 pc in H1

Posted on 21 August 2009

From Saudigazette.com.sa: Gulf Cooperation Council (GCC) bonds and Sukuk volume reached $18.4 billion in the first half of 2009, an increase of 37 percent compared to the same period last year, Kuwait Financial Center (Markaz) said in its latest report on bonds.
The increase was fuelled as a result of new issuances by either sovereign or corporations that are fully or largely owned by the governments, which together represented 92.1 percent of the total issuance during the period………….Full Article: Source

 
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