28.09.2011 - Persian Gulf bond sales approach 2008 low as risk increases: Arab Credit
Bond sales from the Persian Gulf region have slumped to the lowest level since 2008 as the threat of another global recession fueled the steepest surge in the regionís credit risk in seven quarters. Sovereign and company debt issuance in the six-nation Gulf Cooperation Council, which includes Saudi Arabia and the United Arab Emirates, have totaled $1.54 billion since June 30, the smallest amount since the last quarter of 2008, data compiled by Bloomberg show..............................................Full Article: Source
Print