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
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
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
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