Sanjeev75

GCC Fixed Income Weekly April 19, 2013

Summary Cash continued its positive run and ended in green while CDS closed weak with spreads widening across the space GCC conventional (+0.19%) outperformed EM (-0.60%). Conventional (+0.19%) continued to perform better than Sukuk (+0.12%) Market breadth was positive with gainers leading losers by 6:4. Investment Grade performed better than High Volatility space led by Qatar Sovereign and Quasi Sovereign and Abu Dhabi Quasi Sovereign. ST-MT Qatar Sovereign, Taqa and IPIC were the major winners while Qatar far end was the major loser In terms of Duration , investors preferred a maturity of