{"id":25000,"date":"2022-02-22T09:47:41","date_gmt":"2022-02-22T09:47:41","guid":{"rendered":"http:\/\/nationaltimes.pk\/eng\/?p=25000"},"modified":"2022-02-22T09:47:41","modified_gmt":"2022-02-22T09:47:41","slug":"global-sukuk-issuances-to-slow-in-2022-moodys","status":"publish","type":"post","link":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/","title":{"rendered":"Global sukuk issuances to slow in 2022: Moody&#8217;s"},"content":{"rendered":"<p>Web Desk (National Times) &#8211; Global long-term sovereign Sukuk issuance is set to drop to $73 billion in 2022 and $75 billion in 2023, from $88 billion in 2021, including issuance by multilateral development banks, Moody\u2019s Investors Service said in a report today.<\/p>\n<p>\u201cWe expect issuance to fall as government deficits continue to narrow because of higher oil prices, lower coronavirus-related expenditure and accelerating economic activity in core Sukuk-issuing countries,\u201d said Alexander Perjessy, VP-Senior Analyst at Moody\u2019s. \u201cIssuance volumes already dropped 22% in 2021, with the largest decline from the Gulf Cooperation Council (GCC) sovereigns, mainly Saudi Arabia.\u201d<\/p>\n<p>Malaysia, Indonesia and Turkey \u2013 will decline to $92 billion in 2022 from $118 billion in 2021 and $194 billion in 2020. The aggregate fiscal positions of the GCC sovereigns, excluding Kuwait, will improve to a surplus of $50 billion in 2022 from a surplus of $13 billion in 2021 and a deficit of $112 billion in 2020. These projections are based on the 2022 average oil price assumption of $75\/barrel, the report noted.<\/p>\n<p>The report is of the view that the new entrants into the sovereign Sukuk market present a small upside risk to its issuance projections. The potential passage of Kuwait\u2019s new public debt law and Egypt\u2019s recent approval of the Sovereign Sukuk Law will support these countries\u2019 sovereign Sukuk issuances in the medium term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Web Desk (National Times) &#8211; Global long-term sovereign Sukuk issuance is set to drop to $73 billion in 2022 and $75 billion in 2023, from $88 billion in 2021, including issuance by multilateral development banks, Moody\u2019s Investors Service said in a report today. \u201cWe expect issuance to fall as government deficits continue to narrow because [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-25000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global sukuk issuances to slow in 2022: Moody&#039;s - Nation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global sukuk issuances to slow in 2022: Moody&#039;s - Nation\" \/>\n<meta property=\"og:description\" content=\"Web Desk (National Times) &#8211; Global long-term sovereign Sukuk issuance is set to drop to $73 billion in 2022 and $75 billion in 2023, from $88 billion in 2021, including issuance by multilateral development banks, Moody\u2019s Investors Service said in a report today. \u201cWe expect issuance to fall as government deficits continue to narrow because [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/\" \/>\n<meta property=\"og:site_name\" content=\"Nation\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-22T09:47:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2022\/02\/Untitled-1-560.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"adminnation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"adminnation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/\",\"name\":\"Global sukuk issuances to slow in 2022: Moody's - Nation\",\"isPartOf\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2022\/02\/Untitled-1-560.jpg\",\"datePublished\":\"2022-02-22T09:47:41+00:00\",\"author\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/96dc24980f85ecafe26ade8fe4748f0f\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#primaryimage\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2022\/02\/Untitled-1-560.jpg\",\"contentUrl\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2022\/02\/Untitled-1-560.jpg\",\"width\":670,\"height\":360},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationaltimes.pk\/eng\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global sukuk issuances to slow in 2022: Moody&#8217;s\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#website\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/\",\"name\":\"Nation\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationaltimes.pk\/eng\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/96dc24980f85ecafe26ade8fe4748f0f\",\"name\":\"adminnation\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7f4e66ad9f5639ba3a6f846e43d55d93ee5fd5f30b5c5a10f4cd223008e8fa10?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7f4e66ad9f5639ba3a6f846e43d55d93ee5fd5f30b5c5a10f4cd223008e8fa10?s=96&d=mm&r=g\",\"caption\":\"adminnation\"},\"sameAs\":[\"https:\/\/nationaltimes.pk\/eng\/\"],\"url\":\"https:\/\/nationaltimes.pk\/eng\/author\/adminnation\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global sukuk issuances to slow in 2022: Moody's - Nation","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/","og_locale":"en_US","og_type":"article","og_title":"Global sukuk issuances to slow in 2022: Moody's - Nation","og_description":"Web Desk (National Times) &#8211; Global long-term sovereign Sukuk issuance is set to drop to $73 billion in 2022 and $75 billion in 2023, from $88 billion in 2021, including issuance by multilateral development banks, Moody\u2019s Investors Service said in a report today. \u201cWe expect issuance to fall as government deficits continue to narrow because [&hellip;]","og_url":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/","og_site_name":"Nation","article_published_time":"2022-02-22T09:47:41+00:00","og_image":[{"width":670,"height":360,"url":"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2022\/02\/Untitled-1-560.jpg","type":"image\/jpeg"}],"author":"adminnation","twitter_card":"summary_large_image","twitter_misc":{"Written by":"adminnation","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/","url":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/","name":"Global sukuk issuances to slow in 2022: Moody's - Nation","isPartOf":{"@id":"https:\/\/nationaltimes.pk\/eng\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#primaryimage"},"image":{"@id":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#primaryimage"},"thumbnailUrl":"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2022\/02\/Untitled-1-560.jpg","datePublished":"2022-02-22T09:47:41+00:00","author":{"@id":"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/96dc24980f85ecafe26ade8fe4748f0f"},"breadcrumb":{"@id":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationaltimes.pk\/eng\/2022\/25000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#primaryimage","url":"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2022\/02\/Untitled-1-560.jpg","contentUrl":"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2022\/02\/Untitled-1-560.jpg","width":670,"height":360},{"@type":"BreadcrumbList","@id":"https:\/\/nationaltimes.pk\/eng\/2022\/25000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationaltimes.pk\/eng\/"},{"@type":"ListItem","position":2,"name":"Global sukuk issuances to slow in 2022: Moody&#8217;s"}]},{"@type":"WebSite","@id":"https:\/\/nationaltimes.pk\/eng\/#website","url":"https:\/\/nationaltimes.pk\/eng\/","name":"Nation","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationaltimes.pk\/eng\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/96dc24980f85ecafe26ade8fe4748f0f","name":"adminnation","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7f4e66ad9f5639ba3a6f846e43d55d93ee5fd5f30b5c5a10f4cd223008e8fa10?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7f4e66ad9f5639ba3a6f846e43d55d93ee5fd5f30b5c5a10f4cd223008e8fa10?s=96&d=mm&r=g","caption":"adminnation"},"sameAs":["https:\/\/nationaltimes.pk\/eng\/"],"url":"https:\/\/nationaltimes.pk\/eng\/author\/adminnation\/"}]}},"_links":{"self":[{"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/posts\/25000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/comments?post=25000"}],"version-history":[{"count":1,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/posts\/25000\/revisions"}],"predecessor-version":[{"id":25004,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/posts\/25000\/revisions\/25004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/media\/25002"}],"wp:attachment":[{"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/media?parent=25000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/categories?post=25000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/tags?post=25000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}