The EMBI+ spread has witnessed a steep decline over the past year, having broken below the record low 160 basis points threshold not too long ago. While the spread has spiked in times of increased risk aversion, it has in all the cases moved back to the pre-volatility levels, even surpassing previous lows.
That is why we consider MEFTEC, which is a showcase for the best in financial technology, plays such an important part in underpinning Bahrain’s position as the financial centre for the GCC and wider Middle Eastern region. Ladies and gentlemen, I am sure that you are eager to see what the exhibitors have to offer.