UK seeks second sukuk syndicate

UK Union Jack 230x150
By Burhan Khadbai
30 Sep 2019

The UK Treasury has started the search for the banks that will structure its second sukuk, planned for early next year.

The closing date for the tender is October 14 with bid presentations due to held between October 29 and 31. The Treasury is set to name its chosen banks or banks on November 1.

The Treasury is looking for banks with in-depth expertise in the sukuk market, who ...

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