Abu Dhabi-Mubasher: National Bank of Abu Dhabi (NBAD) ranked number one as an issuer of bonds and sukuk in the GCC for the first nine months of 2015.‎

This is the first time for a Middle-Eastern bank to be top ranked in this segment, according to data issued by Dealogic.

GCC bond issuers raised a total of about $26 billion during the period from 28 ‎international capital markets transactions, 14 of which were led by NBAD.

UAE has the most prolific bond and sukuk issuers, followed by borrowers from Oman and Saudi Arabia.

NBAD has invested heavily across its debt platform as well as providing services in terms of superior advice, distribution and execution, according to Andy Cairns, managing director and global head of debt origination and distribution at the bank.