21.12.2012 - Morocco success bodes well for Arab Spring bonds
Morocco’s spectacular debut in the dollar-denominated bond market this month is good news for other countries that have been affected by the Arab Spring uprisings and may try to borrow money overseas next year. Some of the debt may be in the form of sukuk, since all of the countries are laying the legal framework for issues of Islamic bonds. Morocco has not experienced revolutions like Egypt and Tunisia, but it faces similar political and economic pressures...............................................Full Article: Source
Print