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GCC issuance & investor demand are still strong

Despite the extended government lockdowns in place since March 2020 due to the coronavirus, GCC issuance has been relatively strong so far this year. Noteworthy are three, well-received GCC sovereign issuances including Qatar, totaling a solid $24bn in April alone, compared to $5bn and $11bn in 1Q20 and 4Q19 respectively….

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