05.09.2012 - GCC bonds, sukuk issuances fall in H1
The aggregate primary issuance of bonds and sukuk in the GCC totaled $37.6 billion in H1 2012, an 18.7 percent decrease from the total amount raised in during H1 2011, Kuwait Financial Centre (Markaz) said in its recent research report “GCC Bonds & Sukuk Market Survey”. June dominated the issuance with a frequency of 32; however, May witnessed the highest value as $7.3 billion was issued, representing 19.6 percent of the total amount issued, through 28 issuances. In terms of GCC central banks local issuances, - Central Bank of Kuwait Raised $25.8 Billion - 51 percent of the total CBLI issuance.............................................Full Article: Source
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