Middle East Bonds
-
Global Islamic banking profits could triple over the next five years, according to a report by Ernst & Young published this week. -
HSBC is to see a senior departure from its loans business in the United Arab Emirates.
-
A triumphant sovereign return, and an innovative socially responsible deal helped the sukuk market smash through its previous record year for issuance volumes. Unusual but impressive trades from Pakistan and the International Finance Facility for Immunisation (IFFIm) helped the growing asset class beat its previous annual dollar issuance record set in 2012 and put the gloss on a burgeoning fourth quarter run of deals.
-
A triumphant sovereign return, and an innovative socially responsible deal helped the sukuk market smash through its previous record year for issuance volumes. Unusual but impressive trades from Pakistan and the International Finance Facility for Immunisation (IFFIm) helped the growing asset class beat its previous annual dollar issuance record set in 2012 and put the gloss on a burgeoning fourth quarter run of deals.
-
The International Finance Facility for Immunisation (IFFIm) has priced a $500m debut sukuk at just 15bp over three month Libor, the tight end of its earlier 15bp-17bp guidance range.
-
The International Finance Facility for Immunisation (IFFIm) has priced a $500m debut sukuk at just 15bp over three month Libor, the tight end of its earlier 15bp-17bp guidance range.
-
The International Finance Facility for Immunisation (IFFIm) has refined price thoughts on its dollar sukuk debut to 15bp-17bp over Libor.
-
The International Finance Facility for Immunisation (IFFIm) has given initial price thoughts of mid-to-high teens of basis points over three month Libor as it looks to price a debut dollar sukuk.
-
Advanced Petrochemical Company has repaid the remaining Sr375m of a murabaha loan.
-
The International Islamic Liquidity Management Corporation on Tuesday auctioned $590m of three month commercial paper style sukuk – increasing the amount of paper in circulation at reissue by $200m.
-
Israel Chemicals pulled in a $4.3bn book for its debut bond on Thursday, proving that quality still sells in a market where several deals have been pulled this week, including by KazStroyService on Monday and South Africa’s FirstRand Bank on Thursday.
-
Flydubai printed a debut sukuk on Wednesday, receiving more than $3bn in orders for its five year dollar deal.
