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GCC bonds, sukuk record 3.96 percent boost
(MENAFN) The GCC has seen last year a 3.96 boost in its aggregate bonds and sukuk market, reaching an overall of USD174.17 billion.
The GCC Central Banks local issuances (CBLI) were found to have raised USD69.90 billion of them, while GCC sovereign and corporate issuance raised USD104.26 billion.
GCC bonds and sukuk issuances have been found by Kuwait Financial Centre's (Markaz) 'GCC bonds and sukuk market' research note to have reached a projected 73.3 percent value, settling at USD76.46 billion aggregate value.
The research also estimates International exchanges to have amounted for 99 percent, with regional exchanges reporting an overall worth of USD0.89 billion in listing of four bonds and sukuk.
The GCC Central Banks local issuances (CBLI) were found to have raised USD69.90 billion of them, while GCC sovereign and corporate issuance raised USD104.26 billion.
GCC bonds and sukuk issuances have been found by Kuwait Financial Centre's (Markaz) 'GCC bonds and sukuk market' research note to have reached a projected 73.3 percent value, settling at USD76.46 billion aggregate value.
The research also estimates International exchanges to have amounted for 99 percent, with regional exchanges reporting an overall worth of USD0.89 billion in listing of four bonds and sukuk.
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