Africa Bonds
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Manama, Bahrain -20th March 2012 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 170%.
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The Hong Kong Monetary Authority has teamed up with Bank Negara Malaysia and settlement services provider Euroclear Bank to launch a cross-border platform targeted at increasing trade in sukuk and dim sum bonds.
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Saudi real estate developer Dar Al Arkan was a focus of Middle East investor interest on Monday, with its stock rising sharply on a pledge by the company to meet debt repayments. Dar Al Arkan was quoted up nearly 6.5% on the day at around SR10 ($2.67), its highest level for over a year.
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Manama, Bahrain -14 February 2012 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 190%.
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Manama, Bahrain -14 February 2012 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 190%.
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Manama, Bahrain - 23 January 2012 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD18 million issue, which carries a maturity of 91 days, has been subscribed by 208%.
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Manama, Bahrain -17 January 2012 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 153%.