KUWAIT

摘要

Kuwait's financial regulator is considering requests from local companies to issue US$2bn of conventional bonds and sukuk, Reuters reported.The applications are under study for final approval, chairman of the Capital Markets Authority Nayef al-Hajraf said at a conference in Kuwait. He did not specify whether the issues would be in foreign or local currency. Bond issuance approved by the CMA totals US$4bn since new rules covering debt sales were introduced a year ago, while sukuk stand at US$700m, Hajraf added. He also said the CMA was working on creating regulations for a secondary market to trade bonds and sukuk in Kuwait. Also in Kuwait, warba bank has said that it has received central bank approval to issue Tier 1 sukuk up to US$250m.