Fixed Income market seen as important to Gulf growth
Sean Davidson wrote on 13 February in Business 24/7 about the importance of an active sovereign bond market to strengthen Gulf monetary policies allowing for an integrated market for local currency government bonds where the central, local and forweign banks, individuals and other institutional investors can participate - a matter which plenty of economists agree to.
The UAE government has indicated plans to issue conventional bonds and sukuk in the near future with maturities of up to 30 years.
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