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Next were the KWD denominated paper with 20 issues raising USD5.8 billion; the SAR denominated issuances with 4 offerings raising USD1.9 billion; the USD with 4 issues raising USD728 million; and the MYR with 2 issues raising USD309 million. The USD and MYR issuances were placed during the first one half of 2008. In second 1 / 2 of 2008, all of the issuances were denominated in local GCC currencies: BHD, Salenow AED, KWD and SAR as appetite for USD denominated paper dried set up.
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A notable change that occurred in 2008 was the significant decrease each morning average issue size compose. The average issue size in 2008 is USD237.6 million compared towards 2007 average issue height and width of USD276 many.
