Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Gulf investors 'will now look at every deal', whether sukuk or not
Demand from the Middle East for the sukuk was steady
Bond pricing for the mining company started about 43bp back of its parent
Sovereign wealth fund takes $2bn, as aimed at
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United Arab Bank has signed its first ever Shariah-compliant financing agreement – a three year $100m murabaha facility with four Gulf banks.
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Garanti Bank has set final yield guidance for its five year €500m no grow bond at 3.5%, in line with price guidance earlier in the day. But some rival bankers said they had expected to see a tighter print.
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Dubai's Mashreqbank has ended a seven year absence from the loan market by signing a $500m three year deal.
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The Republic of South Africa remains determined to issue a debut sovereign sukuk, despite delays to the plan, economic problems and its decision to mandate banks for a conventional foreign currency bond.
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Islamic Bank of Britain, the UK’s only retail Islamic bank, has accredited a Shariah compliant pension scheme.
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Saudi Arabian telecoms firm Mobily has signed a SR750m ($200m) Shariah-compliant financing agreement with Canada’s export credit agency.