Kuwait Plans $9.9B Bond Sale

Kuwait, like other GCC countries, is facing budget deficits due to low oil prices. The country plans to address this through international and local bond sales, following the example of Qatar, Abu Dhabi, and Saudi Arabia. Despite the oil slump, Kuwait is in a better position than many Gulf countries due to its low deficit and significant savings. The government is implementing economic reforms, including cutting subsidies and controlling public spending. There is high demand expected for Kuwait's bonds, similar to other strong economies in the region, although Brexit may impact issuance timing.

How does Kuwait's economic situation compare to other GCC countries?

What is the expected demand for Kuwait's bonds?