Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Even if ceasefire succeeds, investors will still want a risk premium
Demand allowed the bank to cut the yield by 35bp
The country offers huge potential and possible pitfalls for investors
A piece of very rare African senior bank issuance could also come this week
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First City Monument Bank (FCMB) is the latest Nigerian financial to lay down plans for a debut bond deal. But bankers on earlier Nigerian transactions have warned that international investors are interested only in the top tier banks, and First City's comparatively small size and exposure to Nigeria's retail market could make things difficult for an inaugural issue. -
Dubai Islamic Bank plans to expand into various new markets including servicing non-Islamic clients, according to its chief executive officer Adnan Chilwan.
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Morocco delivered a surprise on Wednesday as its parliament’s lower house suddenly passed the country’s much delayed Islamic banking law – only a week after a senior official told IFIS the bill may not be ready until October.
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South African financial services group Alexander Forbes is relisting on the Johannesburg Stock Exchange, seven years after it was taken private through a leveraged buyout.
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The Islamic Development Bank (IsDB) has approved financing facilities for various projects in member and non-member countries worth $447m, as the multilateral organisation celebrates its 40th anniversary.
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The Republic of Kenya ploughed ahead with a dual tranche debut Eurobond on Monday despite terrorist attacks in coastal Mpeketoni on Sunday and Monday nights. But investors still flocked to place over $8bn in orders, allowing Kenya to price a colossal $2bn for its inaugural offering.
