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
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Senegal plans to bring a XOF100bn ($200m) debut sukuk programme next year.
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Tightly priced $500m deals from Ras al Khaimah and Al Khalij Commercial Bank this week amplified the Middle East’s return to the capital markets and encouraged hopes of more issuance before the end of the year. -
Standard & Poor’s Dow Jones Indices has launched a Middle East North Africa bond and sukuk index. The index will comprise two sub-indices – the S&P MENA Bond Index and the S&P MENA Sukuk Index.
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The government of Ras Al Khaimah (RAK) drew strong global demand on Tuesday as it issued a $500m sukuk, its first ever benchmark sized deal.
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Bahrain Islamic bank Al Salam’s shareholders have approved plans to merge with conventional retail bank BMI Bahrain.
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Shares of Bank of London and the Middle East (BLME) have begun trading on Nasdaq Dubai, the smaller of Dubai's two stock exchanges.
