From Tradearabia.com: Volatile equity markets and low interest rates on deposits in recent years are drawing investors in Saudi Arabia towards bonds, a new asset class poised for growth, a senior investment banker from HSBC said.
Some SR50 billion worth ($13.33 billion) of bonds have been issued in the kingdom from mid-2006 with more issues in the pipeline, Fahad al-Saif, director of investment banking at HSBC Saudi Arabia, said on Wednesday……………………………………..Full Article: Source