每日新闻更新 — 对中东的兴趣 The Daily Update – ME Interest

今年对中东债券的兴趣激增,使得海湾阿拉伯国家自今年年初以来发行的债券量大涨,几乎是去年的三倍。据彭博社报道,该地区已经发行了大约510亿美元的(普通)债券和伊斯兰证券,其中包括沙特国营的沙特阿美(Aramco)发行的120亿美元的债券,这次债券的发行被认为是历史上超额订购最多的一次,据称最初订购的兴趣超过了1000亿美元。

将沙特阿拉伯、卡塔尔、阿联酋、巴林和科威特纳入摩根大通新兴市场指数(15家符合条件的发行机构发行了约为1190亿美元的债券)无疑使该市场的这一部分内容受到了投资者的关注。债券需要在2022年3月之后到期才能被纳入该指数,在最近一段时间以来国内投资者已经延长了其到期债券以提高回报率和平均投资组合收益率,而该指数纳入发生的时间恰好就在这个时候。

尽管市场对该地区有着如此浓厚的兴趣,尽管今年该地区的债券表现得非常优秀,但市场对该地区的股票市场却表现得异常冷淡。事实上,据彭博社报道,今年迄今为止,海湾合作委员会(GCC)交易所售出的新股票仅为7.16亿美元。即使是实力强大的沙特阿美公司也将其拟发行的首次公开募股最少推迟到了2021年。这背后的一个因素可能是该地区的许多公司在外国所有权方面有所限制,因此国际投资者很难对此产生大量的兴趣。另一个原因当然是透明度和过去在油价下跌和政府赤字上升之后在削减补贴和资本支出方面采取的措施。然而,有些人认为,随着非石油经济的稳健增长以及国际货币基金组织发布的2019年的增长将为2.9%和2020年的增长将为3.3%的消息,人们对该地区股市的兴趣正开始发生好转,市场除了对评级很高的债券市场感兴趣之外,也会对该地区的股市给以进一步的关注。

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