GCC Fixed Income Chart Book: Q3 2017 Review

Abu Dhabi, 12 October 2017

Welcome to our 9M 2017 chart book for the GCC fixed income market. The idea is very simple – to give those of you who follow this market a quick snapshot of some of the key points in terms of the following:

  • Primary Market issuance year to date and the new issue trend over the past seven years 
  • Deal dynamics and relative value analysis 
  • Secondary Market performance of key instruments (snapshot from 30th December 2016 to 6th October 2017)

We have deliberately made the report text-light in an attempt to make it easier to digest. Hopefully you will find it both interesting and useful.

For the analysis below we have considered major hard currency ($/€/£/A$) bonds and sukuk issuances from the six nations in the GCC. This includes both fixed and floating rate issuances above $100m and maturity of 1-year or above.


Click here to download the article in PDF

Bahrain prints $3bn deal - anyone still doubting investor demand?

To the fullest extent allowed by applicable laws and regulations, National Bank of Abu Dhabi PJSC (the “Bank”) and any other affiliate or subsidiary of the Bank, expressly disclaim all warranties and representations in respect of this communication. The content is confidential and is provided for your information purposes only on an “as is” and “as available” basis and no liability is accepted for or representation is made by the Bank in respect of the quality, completeness or accuracy of the information and the Bank has undertaken no independent verification in relation thereto nor is it under any duty to do so whether prepared in part or in full by the Bank or any third party. Furthermore, the Bank shall be under no obligation to provide you with any change or update in relation to said content. It is not intended for distribution to private investors or private clients and is not intended to be relied upon as advice; whether financial, legal, tax or otherwise. To the extent that you deem necessary to obtain such advice, you should consult with your independent advisors. Any content has been prepared by personnel of the Global Markets division at the Bank and does not reflect the views of the Bank as a whole or other personnel of the Bank.