12.01.2012 - GCC bonds yearly review 2011
USD 34 billion of conventional bonds were issued in 2011, slightly down from 2010, while Islamic bonds were up during the same period. Corporate sector accounted for a mere 20.7% of the total, while the rest was issued by sovereign and quasi-sovereign entities. GCC bonds in 2011 were sold in 12 currencies worldwide, but US dollar dominated with 42% of the total. London Stock Exchange grabbed the biggest share of the listed issued bonds followed by Luxembourg. UAE was by far the biggest issuer of bonds in 2011 with 48% of the total, followed by Qatar and Kuwait...............................................Full Article: Source
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