Gulf crisis rattles capital markets but extent of damage uncertain
Diplomatic tension in the Gulf between Qatar and Saudi Arabia and others has rattled the financial markets. But as the political trouble escalates, what that spells for the region’s capital markets is far from clear, write Bianca Boorer, Virgina Furness and Sharon Kimathi.
With reliance on capital market funding already higher than ever before, GlobalCapital investigated the early impact of the crisis in bonds, loans (see page 27), and medium term notes as Qatari and other Gulf banks brace for the full force of the coming storm.
What on Monday began
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