Gulf Arab bonds will attract large flows of investment from outside the region next year because of their growing diversity and an increasingly active secondary market, a major participant in the industry says.
Traditionally, bonds from issuers in the six-nation Gulf Cooperation Council were seen as curiosities rather than as mainstream assets by many international investors, partly because of geopolitical risk and poor trading liquidity.
That perception changed substantially during 2012, Salman Ansari, regional head of debt capital markets for the Middle East, North Africa and Pakistan at Standard Chartered, told Reuters in an interview.
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