| The aggregate primary issuance of bonds and sukuk in the GCC totaled $57b in 2010, a 27.6 per cent decrease from its peak value in 2009, according to a new report. In its recent research titled GCC Bonds and Sukuk Market Survey, Kuwait Financial Centre (Markaz) said October 2010 witnessed the highest issuance frequency and value, with 23 issuances raising a total of $9.1b, representing 16 and 11.9 per cent, respectively of total 2010 issuances.
According to the report, a total of $29.9b was raised by sovereign and corporate bond and sukuk issuances in 2010, compared to $64.9b in 2009..............................................Full Article: Source
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