Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Few sub-Saharan African issuers have issued Samurai and fewer without a guarantee
Break-up with Fitch over downgrade has not put off investors
Book attrition rates rise and coverage ratios decline
New agreement not a done deal, but this is the furthest Ethiopia has got to in restructuring its bonds
More articles/Ad
More articles/Ad
More articles
-
in the GCC Financial Markets :LTIT Although the GCC financial markets have generally seen a gradual consolidation of their recovery after the turbulence of the spring, they continue to be characterized by a paradox. In the words of Chief Economist Dr Jarmo Kotilaine of the National Commercial Bank : "At a time when economic growth in the region is accelerating, the performance of most market segments is uneven at best and typically marked by considerable intra-regional variation. While the subdued mood is partly due to country-specific factors, the markets have been above all hit by the intense global uncertainty." This state of affairs highlights the reality that the economic recovery in the Gulf still continues to be heavily linked to the strength of the hydrocarbons sector and to increased public sector spending.
-
Although the GCC financial markets have generally seen a gradual consolidation of their recovery after the turbulence of the spring, they continue to be characterized by a paradox. In the words of Chief Economist Dr Jarmo Kotilaine of the National Commercial Bank : "At a time when economic growth in the region is accelerating, the performance of most market segments is uneven at best and typically marked by considerable intra-regional variation. While the subdued mood is partly due to country-specific factors, the markets have been above all hit by the intense global uncertainty." This state of affairs highlights the reality that the economic recovery in the Gulf still continues to be heavily linked to the strength of the hydrocarbons sector and to increased public sector spending.