Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The trade, like previous yen issuance, carries a guarantee
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Five year bond set to be priced much tighter than the development bank's last senior issue
Investors were eager to tender their bonds despite initial resistance
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Pan-African financial institution Ecobank has signed a $200m trade finance facility, which it will use to lend to African companies and small and medium sized enterprises. -
Morocco plans to finalise its Islamic banking bill by September, after presenting an overdue draft law to the lower house of its parliament on Wednesday.
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The Dubai Financial Services Authority has weighed into the long-running industry debate over whether national or company Shariah boards are the way forward for Islamic finance, by recommending a combined approach.
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Angola's state owned oil firm Sonangol is preparing to launch a $2bn seven year pre-export finance facility into senior syndication.
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Dubai should push on with its plan to create a central Shariah board. Although the emirate has made good progress in striving to become the self-styled “centre for the Islamic economy”, the time is ripe for a breakthrough that would create a lasting legacy.
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Luxembourg’s KBL Private Bankers dropped out as a dealer when International Islamic Liquidity Management Corporation (IILM) returned to the market on Thursday with its rolling $490m short term sukuk.
