07.02.2012 - Gulf debt sales post 34pct jump
The total amount outstanding of corporate and sovereign bonds issued by GCC entities stood at $181.9 billion (Dh667.93 billion) as of December 31, according to a new report. "Sovereign issuances amount to $61.9 billion or 33.9 per cent of the total amount," said the report. The aggregate primary issuance of bonds and sukuk in the GCC jumped 34.1 per cent last year to reach Dh308 billion. This includes both commercial sovereign and corporate bonds and sukuks and Central Bank Local Issuances (CBLI) debt securities issued by GCC central banks to regulate the levels of domestic liquidity..............................................Full Article: Source
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