Emirates NBD's Yadav: GCC Primary Bond Market Quiet

The video discusses Dubai World's financial obligations and the market's expectations for their repayment. It explains the government's strategy to avoid the bond market due to lower disclosure requirements and potential cost savings. The video also analyzes the funding needs of government entities and the impact of tightening bank liquidity. It highlights opportunities in international markets, particularly in Japan and Europe, where liquidity is cheaper. The video concludes with an outlook on upcoming market activities and potential funding opportunities in September.

What was the market's expectation regarding Dubai World's financial obligations?

• They would default on their obligations.

• They would pay on the due date.

• They would seek a bailout.

• They would restructure their debts.

Why did Dubai World choose not to enter the bond market?

• Higher interest rates in the bond market.

• Government restrictions on bond issuance.

• Higher disclosure requirements in the bond market.

• Lack of interest from investors.

What is a potential benefit of developing the local bond market?

• Reducing government control over financial institutions.

• Increasing infrastructure funding.

• Eliminating the need for foreign investment.

• Decreasing international trade.

What is one reason for the preference to raise money in international markets?

• Higher interest rates in local markets.

• Cheaper liquidity in Japan and Europe.

• Lack of local investors.

• Stricter regulations in international markets.

What is the expected financial activity in the upcoming months?

• A shift towards local market funding.

• A complete halt in corporate funding.

• A significant increase in financial activities.

• A decrease in sovereign debt issuance.