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Sovereign issuances were more active monthly than the organization issuances; a minimum of 1 sovereign issuance was placed on a monthly basis during 2008 while no corporate issuances were slipped into the months of January, November and December of 2008.
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In 2008, Bahrain was the most active in the issuances; an absolute of 26 new Bahraini issuances were placed and also the were sovereign paper, representing 34.2% most issuances, however, the Bahraini issuances raised a total of USD716 million, only a 4.0% of the total volume for last year. This was due towards the small average issuance size USD27.5 million of the Bahraini issuances. Qatar raised the least amount with a total of USD301 million, representing 8.7% of the aggregate amount, through 2 conditions.
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