GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle
GCC bond and sukuk markets have experienced a distinct “relief rally” since the signing of the Iran-U.S. ceasefire on April 8, steadily recovering from their sharp sell-offs in the weeks following the outbreak of the conflict at the end of February Many GCC US dollar sukuk (Islamic bond) and bond yields had widened to five-year high spreads by the end of Marchāthe highest levels since…
