Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
UK Export Finance (UKEF) is in the documentation stages of its first guarantee for a sukuk deal, said the agency’s head of aerospace Gordon Welsh, and plans to test the Islamic bond market with an innovative structure and longer maturities. -
Brazilian property developer Ritz-G5 has started offering investors Shariah compliant investments in its Majestic Village project.
-
Struggling South African electricity provider Eskom paid up to 40bp new issue premium to place its $1.25bn 10 year bond on Thursday. Investors responded positively to the offer, despite the ongoing problems faced by the state owned company, according to bankers.
-
Pakistan Mobile Communications (Mobilink) plans to issue Prk6.6bn in sukuk before the end of March, with a guarantee from multinational agency GuarantCo. The deal is GuarantCo’s first Islamic transaction, but the agency’s mandate makes it a good fit for Islamic finance.
-
A 367 day loan? Could that have been designed to tick a regulatory box? Of course it could. But don't scoff - banks have always gone right up to the line of compliance - and they always will.
-
National Bank of Abu Dhabi has released initial price thoughts for a five year dollar benchmark at 90bp over mid-swaps, equating to only around a 10bp pick-up from the secondary trading of its August 2019s.
