With oil prices languishing at around $30/B and bank liquidity drying up, more Gulf borrowers are expected to tap the bond market this year. But low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region’s infrastructure bill, ratings agency S&P says in a report issued this week. S&P suggests that GCC governments should turn to “more financially innovative solutions” like public private partnerships to fund their...
The Name’s Bonds, GCC Government Bonds
Published on Fri, 12 Feb 2016 - Volume: 59 Issue: 06Print
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