GCC debt markets saw little volatility in yields in the second quarter of 2016 (2Q16), even as issuance picked up on the back of healthy sovereign activity supported by stable oil prices and limited global volatility, a report said.
Yields on one-year and six-month treasury bills dropped at auctions as the Finance Ministry sold all amounts on offer, data from the central bank showed.
The average yield on Egypt's 182-day bill fell to 13
Stocks on major markets slipped on Friday and bond prices rose, pushing yields sharply lower, after the US Federal Reserve on Thursday clung to its near-zero interest rate policy with global economic growth slowing.
Stocks and cur
Singapore Airlines said on Tuesday that its yields improved in the quarter ended September, but would remain negative through to the end of the year as the sector struggles in the economic downturn.
"The trends are moving in the right dire