Thursday 5 April 2018

REFILE-SocGen in talks with Gulf governments about euro bond issues

REFILE-SocGen in talks with Gulf governments about euro bond issues:

"Societe Generale is talking with Gulf governments about potential issues of euro-denominated bonds, with the region’s first bond expected within the next 12-18 months, executives for the bank told Reuters. Bond issues from the region have been ramping up as governments seek to diversify their sources of funding away from a reliance on oil revenues. Until now, the vast majority of those issues have happened in U.S. dollars, but Societe Generale has held discussions with the Gulf Cooperation Council governments about possible issues in euros, the second largest bond market after dollars."



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