...سيأتي اذا ما الذي سيدفع الانتعاش في ألفي...
Transcript
00:00will come. So what will push the recovery in 2020?
00:08The two main factors that will contribute to the revenues in the emerging market bonds, first the US interest rates,
00:21And second, the credit margins on the bonds
00:24if we look at our expectations for twenty two and take these two factors in detail with regard to interest rates. We expect interest rates to continue to rise,
00:38We do not expect that the revenues last year will be affected by the environment of the decline in these prices, but they will have
00:48Improved. What does that mean? That means the margins
00:52Credit, any margins between treasury bonds
00:57And the interest rates, they have to compensate for the rise in interest rates and try to bring positive returns in the markets.
01:09We consider that we will witness a rise in interest rates, but this will be absorbed by a decrease in margins
01:19credit in emerging markets. Therefore
01:22it means that the return on the coupon for the emerging market bond index in its entirety, these coupons, or which
01:31Poems are at three and four percent. Based on which country are we talking about? The total revenues next year, we expect
01:38Between four or five percent. That's the range, and it's influenced by income, the coupon on those bonds
01:47One more time. The question arises: Are there any pockets
01:52In emerging markets? go ahead and finish other areas
02:01Hey, either.
02:03This will no doubt depend on where we are in this session at the beginning of the year. Perhaps we will prefer to be more conservative
02:16and wait to see how the appetite of risk will be. As for this region,
02:25The Sultanate of Oman looks attractive. No, although they did a great deal of tightening last year
02:32This year, but it's a safe place to invest money. the economy in the sultanate of oman performs better with the rise in prices
02:40Oil, and with discipline, there are many opportunities, for example, in Egypt
02:46Egypt, which had been affected and witnessed a sale during the last three months,
02:54And of course, the rate of return today is at ten percent, and therefore