DP World Said to Hire Banks for Dollar Sukuk Sale

The video discusses the potential for a busy week in GCC bond and sukuk issuance, driven by low global interest rates and the upcoming Ramadan. It highlights the impact of these factors on market liquidity and decision-making. The video also explores pricing dynamics, noting that despite predictions of widening spreads due to oil price slumps, spreads have actually narrowed in the UAE, indicating a stable market environment.

What are the two main reasons for the rush in GCC bond and sukuk issuance?

• High global interest rates and upcoming Eid

• Low global interest rates and upcoming Ramadan

• Increased demand for bonds and upcoming Christmas

• High oil prices and upcoming New Year

How does Ramadan affect market liquidity in the Middle East?

• It increases liquidity due to more trading hours

• It has no effect on market liquidity

• It decreases liquidity as decision-makers work shorter hours

• It stabilizes liquidity due to increased market activity

What is the rating associated with Bahrain's sovereign bonds?

• AAA rating

• Junk rating

• Investment grade

• Speculative grade

What has been the trend in GCC spreads in the UAE over the past five months?

• Spreads have fluctuated unpredictably

• Spreads have widened

• Spreads have remained constant

• Spreads have narrowed

What factors contributed to the narrowing of GCC spreads?

• Political instability and reduced borrowing

• Decrease in oil prices and market instability

• Increase in oil prices and market stabilization

• High inflation rates and economic downturn