Saudi Sale Spurs More Gulf Borrowing

The video discusses the significant increase in public debt raised in the GCC, surpassing previous records. It highlights the shift in borrowing trends, with government borrowers overtaking financial institutions. Upcoming debt issues from Equate Petroleum and the Islamic Development Bank are noted. The video also explores the market's capacity to absorb GCC debt and the impact of Saudi Arabia's aggressive pricing on Gulf sovereign debt.

What was the previous record for public debt raised in the GCC before it was surpassed?

• $150 billion

• $120 billion

• $142 billion

• $130 billion

Which joint venture is planning a bond issue that could be as much as $3 billion?

• Saudi Aramco and ExxonMobil

• Equate Petroleum

• Qatar Petroleum

• Abu Dhabi National Oil Company

What was the order book size for the Saudi Arabian bond sale?

• $50 billion

• $70 billion

• $60 billion

• $67 billion

How did the Saudi bond sale affect the pricing of Gulf sovereign debt in the secondary market?

• It had no effect

• It caused a price drop

• It led to price stability

• It resulted in price tightening

What is the current market sentiment towards Gulf issuers' debt in a low interest rate environment?

• Increasing demand

• Stable demand

• No demand

• Decreasing demand