Gulf Credit Spreads Widen in October Despite Bond-Market Gains
Dow Jones11-03 00:12
1612 GMT - Gulf credit spreads widen in October even as regional bonds recover some of their losses, according to Kamco Invest. The option-adjusted spread on GCC dollar-denominated credit rises 20 basis points during the month to 108 basis points, bringing the increase since the start of 2026 to 33 basis points. Emerging-market dollar bond spreads widen by 27 basis points to 197 basis points. Meanwhile, the GCC credit and high-yield dollar bond index gains 1.2% in October but remains down 2.2% for the year. The figures suggest that falling benchmark yields supported bond returns despite a higher premium for credit risk.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments