Qatar tipped to be key fixed income issuer in ’18 - The Peninsula Qatar

Qatar tipped to be key fixed income issuer in ’18 - The Peninsula Qatar:

"Fixed income issuances in the GCC in 2017 saw one of the biggest jumps since the financial crisis with growth recorded in both bonds and sukuk markets. The market issuances reached a record level of $40.6bn as against around $20bn during 2016. It was a record year for the GCC countries as sustained low oil prices coupled with rising budget pressure at home as well as infrastructure spending requirements triggered some of the biggest issuances in the region, KAMCO Research noted in its GCC Fixed Income 2017 market report. The ongoing trends also indicate a healthy pipeline of issuances in the near term. In addition, central banks in the region are also under pressure to raise interest rates due to rising interest rates in the US and the pressure to keep currency pegs within a manageable limit. This has also forced some issuers in the region to lock in favorable rates before the interest rates are raised."



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