GCC issued record $50bn in sovereign debt in 2017 - The Peninsula Qatar:
"GCC sovereigns issued a record $50bn in international debt in 2017, helping push total GCC issuance – public and private – over $100bn for a second consecutive year. Despite this, reduced austerity and stronger commodity prices helped confidence return to the region, pushing benchmark yields lower, while international benchmark rates edged higher or were little changed. Synchronized global growth, on the other hand, ushered in tighter credit and monetary conditions. NBK Group noted in its GCC debt market research note that GCC benchmark yields maturing in 8-9 years were mixed, with some little changed while others saw their risk premium shrink significantly. Movement was first dictated by the weakness in commodity prices and later by regional tensions."
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