Record redemptions should spur sukuk sales, say debt bankers

Rising sukuk redemptions should be drawing issuers to market to take advantage of high liquidity still low spreads before they disappear, said debt bankers. Sukuk redemptions will hit record highs this year and again in 2016, according to Dealogic data. Debt bankers are optimistic they can convince borrowers to take advantage of a closing low yield window, and would much prefer to see corporates take the lead.