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

Gulf issues leading bond markets

Posted on 12 November 2009

From Thenational.ae: Gulf bond sales are accelerating at a faster rate than anywhere in the world as international investors buy sovereign and corporate debt from the Emirates, a senior Bank of America Merrill Lynch economist says.

Returning appetite for Dubai debt is also expected to be given a boost by the anticipated repayment by Nakheel of US$4.1 billion (Dh15.06bn) in bond principal and profit by Nakheel next month. The bond reached a record this week on expectations that it would be repaid in full……………………………Full Article: Source

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