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

RBS looks to manage $10bln in Gulf bonds

Posted on 20 September 2010

From Gulf-times.com: Royal Bank of Scotland Group expects to manage $7bn to $10bn of Gulf Arab bond sales next quarter, which will be the best three months for debt offerings this year for the region, a bank official said.
The bonds will be sold by governments, state-related companies, financial institutions and companies from “across the region, but dominated by the UAE,” Simon Penney, chief executive officer for the Middle East and Africa at RBS, the UK’s biggest government-owned bank, said in an interview in Dubai……………………………………….Full Article: Source

 
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