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Most recent/Bond comments/Ad
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Books over $1.5bn at launch at a spread of 80bp over Treasuries
Gulf issuance will take a pause due to the Eid holiday next weekend, but June could be busy
EM investors may be happy to see some senior supply after glut of tightly priced AT1
Strong local bids enable AT1 sukuk issuers to set yields far below where overseas buyers see fair value
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BMI Bank’s chief executive Jamal Al-Hazeem has resigned from the bank for personal reasons, said the company in a statement. Al-Hazeem, who took over as chief executive in 2010, will remain on the board of directors on the Bahraini bank.
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Malaysian Airport Holdings (MAH) priced a five times subscribed M$1bn ($295m) perpetual sukuk on Wednesday — a deal that debt bankers said should encourage other Malaysian sukuk issuers into the perpetual market.
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Global Islamic banking profits could triple over the next five years, according to a report by Ernst & Young published this week.
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The National Mortgage Corporation of Malaysia, or Cagamas, successfully embarked on its debut dollar bond on December 3, just two months after the Kuala Lumpur-based borrower made its debut in the dim sum market.
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The National Mortgage Corporation of Malaysia, or Cagamas, opened books on December 3 morning for its maiden dollar bond, just two months after it made its debut in the dim sum market.
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The National Bank of Kazakhstan (NBK) has become a member of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).