Large Global Banks Try to Trim Current Gulf Bonds, as Borrower Demand Grows in the Middle East
Posted on 04/09/2020
Gulf nations are tapping debt markets before things get tougher, as OPEC+ remains divided. The collapse in oil prices tightened fiscal budgets across the region, which has is being exacerbated by the novel coronavirus pandemic. Abu Dhabi, along with Qatar, are tapping sovereign debt markets, luring fixed income investors hungry for spreads. Abu Dhabi attracted […]
