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Few sub-Saharan African issuers have issued Samurai and fewer without a guarantee
Break-up with Fitch over downgrade has not put off investors
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
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Source: Access-Hungary Kft.Hungary around the clock
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Manama, Bahrain - 26 September 2011 - 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 272%.
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The Board of Executive Directors of the Islamic Development Bank (IDB) concluded its 278th meeting in Jeddah, Kingdom of Saudi Arabia, approving allocations of more than US$ 890 million of financing for strategically important development projects in a number of member countries as well as some other projects for Muslim communities in different parts of the world.