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June 6, 2018
Establishing GCC Yield Curve – More Important now than ever!
A number of GCC corporates have been active in the debt markets, especially in the recent past, as the bank lending had been constrained while the financial environment offered money at attractive lower interest rates. Considering the surge in issuances and the need for development of domestic debt market many have been advocating for the need to establish a domestic sovereign yield curve that shall help the GCC companies to raise funds at a cheaper rate. Presence of sovereign yields...