Trends in the GCC bonds and Sukuk primary market H1 2014
Kuwait Financial Centre ‘Markaz’, in its recent research report GCC Bonds & Sukuk Market Survey, reports aggregate primary issuance of bonds and sukuk in the GCC totaled $56.71 billion in H1 2014, a 24.71 per cent increase from the total amount raised in H1 2013. June was the most active month in terms of both the amount raised and the number of issuances. A total of $15.55 billion was raised during the month through 44 issues. The GCC bond and Sukuk market in H1 2014 was dominated by the US Dollar denominated issuances: a total of $14.06 billion was raised, representing 57.2 per cent of the total amount.
Syndicate
