Dubai Bonds Signal Economy Going Into “Depression,” ING Says Email | Print | A A A By Haris Anwar Dec. 31 (Bloomberg) -- Dubai’s corporate bonds have fallen to a level where they are pricing in an economic “depression,” according to ING Investment Management’s head of fixed income. “Giving a price for Dubai Inc.’s biggest names is not easy as investors are nervous about investing in any institution,” Nish Popat said in an e-mailed reponse to questions. The bond market “appears to be pricing in... read more
