Friday 19 April 2024
 
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Debt insurance

Mideast debt issuance surges 40pc to $26bn

Debt issuance in the Middle East reached $26 billion during the first half of the year, a 40 per cent increase over the same period last year, a report said. Middle Eastern investment banking fees reached $356.6 million while equity iss

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Bahrain’s $1bn bond issue may be delayed

A planned $1 billion Bahrain sovereign bond issue is likely to be delayed by protests, while jittery investors, worried about their exposure, sold off state bonds. Bahrain's debt insurance costs hit fresh 18-month highs on Wednesday, said

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Bahrain debt insurance costs 'rise'

The cost of insuring Bahrain's debt against default rose to a new 18-month high in the five-year credit default swap market on Wednesday, as protests continued in the country. Demonstrators poured into Bahrain's capital to mou

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Dubai CDS jump on debt uncertainty

Dubai debt insurance costs surged to 2-1/2 month highs and bond yields rose as growing uncertainty over the fate of the debt-laden conglomerate Dubai World sent investors scrambling to hedge their exposure. The five-year 2014 bond issued l

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