• HSBC

$40bn bonds in 2007

  • Wednesday, December 20 - 2006 at 07:45

Gulf Arab governments and companies could sell up to $40bn of bonds in 2007, 60% more than this year, Reuters reported, citing an HSBC official. Bond sales, including Islamic issues, reached $25bn in 2006, compared with $10bn in 2005 and $5bn in 2004.

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