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Book attrition rates rise and coverage ratios decline
New agreement not a done deal, but this is the furthest Ethiopia has got to in restructuring its bonds
The trade, like previous yen issuance, carries a guarantee
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
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Manama, Bahrain – 28 May 2012 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD 18 million issue, which carries a maturity of 91 days, has been oversubscribed by 178%.
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VTB, a Russian bank that has worked hard to expand its funding sources over the last few years, is not yet done with diversification. The bank now plans to showcase the possibilities for Russian issuers in the sukuk market.
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London, 21st May 2012