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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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United Arab Emirate Ras Al-Khaimah is finalising its sukuk plans and has a list of banks likely to be involved, according to bankers close to the sale.
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Malaysia has shortlisted banks for its return the international sukuk market after four years away, and bankers expect it to announce the final mandate soon.
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The National Mortgage Corporation of Malaysia (Cagamas) could be set for a return to the international bond market as it looks to fund MR6bn ($1.66bn) of asset purchases this year.
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Next Capital (NC), a Pakistani based financial advisory firm, has announced changes in its board of directors as a part of a senior management shakeup.
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Indonesia’s thirst for electricity is set to spark a run of Australian sukuk, as Aussie companies fund construction projects across Indonesia’s islands.
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The Republic of Niger has signed an agreement with the Islamic Development of the Private Sector (ICD) to set up a CFA150bn ($259m) sukuk programme.