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
-
International law firm Latham & Watkins has hired Sami Al-Louzi as a partner in the corporate department at the firm’s Riyadh and Dubai offices. -
Luxembourg’s decision to issue its debut sukuk in euros seems to defy common sense, since it will be selling into a Gulf-dominated market where most investors are fixated on dollars. But the grand duchy is right to stick with the currency and sukuk market participants should welcome this unusual choice.
-
The Central Bank of Bahrain has sold BD20m ($53m) of short-term sukuk al ijara with lower orders than last month’s issue.
-
Tunisia’s National Constituent Assembly has added takaful chapters to its existing insurance framework, as part of its move to integrate Islamic finance into the country’s financial system.
-
Turkey’s Alternatifbank opened books on a $250m five year bond on Tuesday, reports GlobalCapital. The starting spread offered what bankers away from the deal saw as a fair pick-up over Commercial Bank of Qatar, which is guaranteeing the notes.
-
Government agency Tamkeen and BMI Bank, a subsidiary of Al Salam bank, have renewed a Shariah-compliant financing scheme for Bahrain’s private sector enterprises.
