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EM debt investors had largely expected a debt treatment would be required
Undisclosed institutional shareholder sells stake in Wednesday evening ABB
The country is unlikely to issue new dollar bonds in the near future despite a big rally in yields
Underwriting left unused after deal is 33% oversubscribed
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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.
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During the ceremony of the "Asset Triple A" Awards for Islamic Finance