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Questions have swirled in recent months over Bahrain’s strained finances, but there is good reason to believe the country is in much better shape than sensational headlines suggest. This bodes well not just for the country, but fort the region as a whole, writes Anita Yadav.
The growth of the GCC debt capital markets in the first decade of this century was reasonably stunted as the region’s need for debt funding was negligible in the face of abundant liquidity ensuing from high oil prices. Due in large part to its sources of revenue and the prevalence of currency pegs, the region’s borrowers have predominately relied on US dollar funding. But as the region’s…
Jun 18, 2019
In line with our expectations at the beginning of the year, YTD total return on Barclays Bloomberg GCC index has been a loss of 2.67%, almost entirely attributed to the increase in benchmark UST yields.
Jul 9, 2018