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This issue alone represents 7.4% of this total sum of all issuances. It is interesting to notice that a typical tenor for that 2008 issues decreased to two.918 years belonging to the 2007 average tenor of three.239 years.
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Amongst the company issuers, Financial Services sector issued the largest number of bonds and sukuk and raised very high amount during 2008, continuing with progress that occurred between the time of 2003-2007, with 17 issues totaling USD3.5 billion, representing fifty-eight.6% and 34.8% of the aggregate corporate bond market, respectively.
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