An Increase with the Total Value of Gulf Instruments

  • GCC countries
  • 2 August 2018
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Kuwait's Financial Market Report for the first half of the year posted a 9.64 percent rise in the value of instruments and primary bond issues in the GCC markets, including central banks, sovereign issuances, bank and corporate issuances to reach $ 95.25 billion $ in the first half compared to the total value of the issuances made in the first half of 2017.
The instruments and bond market in the GCC countries consists of bonds issued by governments, companies or financial institutions for financing purposes, supported by local and foreign currencies.
The total value of the GCC bond market reached 62.57 billion dollars in the first half of 2018, with a growth of 33.27 % compared to the first half of 2017, when it reached 46.95 billion dollars.