Investor Presentaiton
Development Challenges Facing the
GCC Debt Capital Markets
.
Change market mindset from a bank market to an investor market: bank loans are cheaper
and less complex.
Critical need to shift to more capital market financing of GCC project finance transactions.
GCC debt capital markets remain shallow and face numerous challenges.
ā
O
Governments have reduced outstanding debt in recent years.
Need for increased issuances of government paper across a range of tenors to build
domestic yield curve.
Absence of institutional investors and secondary markets.
GCF2015
Competitive Governments
O
Need for regulatory overhaul to boost local debt capital market development.
ā Scarce investor confidence and challenging global economic and finance conditions.
o Challenging socio-political regional environment.
Absence of supporting infrastructure i.e. domestic rating agencies, qualified
brokerages etc.
Slide No. 7View entire presentation