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Sunday, 28 May 2017

London markets itself as exchange of choice for Gulf debt issuers | The National

London markets itself as exchange of choice for Gulf debt issuers | The National:

"The London Stock Exchange (LSE) has been targeting pot­ential sovereign and corporate debt issuers from the Gulf for the new International Securities Market (ISM) that it launched this month. Executives from the exchange have been in the region in recent weeks promoting the new market, which has been created as an additional market for organisations to issue bonds that will be traded by institutional investors. The move comes as GCC countries have been issuing record amounts of sovereign debt to plug budget gaps amid lower revenues from oil."



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