Sukuk helps take Mumtalakat flat to govvies

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Sukuk helps take Mumtalakat flat to govvies

Bahrain’s sovereign wealth fund, Mumtalakat, priced a seven year debut sukuk on Tuesday which debt bankers said came flat to or even inside the sovereign curve. They put this down to credit quality, scarcity value and exceptional liquidity in the Middle East but added that the additional rarity of the sukuk format was also a contributing factor, which other potential issuers should do well to note.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article