Markaz Report: GCC Fixed Income markets see 20.3% year-on year growth in primary issuances during 2023

In its Fixed Income Report, Kuwait Financial Centre “Markaz” states that Primary debt issuances of Bonds and Sukuk in the Gulf Cooperation Council (“GCC”) Countries amounted to USD 95.3 billion during the year 2023 compared to USD 79.2 billion raised in 2022, marking a year-on-year growth of 20.3%.