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
-
Qatar Islamic Bank is set to focus on increasing its support for small and medium enterprises, along with growing its local and international portfolio. The bank’s chairman, Jassim bin Hamad bin Jassim bin Jabor al-Thani, disclosed the plan on Sunday as part of a five year strategic vision.
-
Manama, Bahrain – 25 February 2013 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD 18 million issue, which carries a maturity of 91 days, has been oversubscribed by 223%.
-
Egypt is looking to raise between $500m and $1bn in June from its first sale of sukuk. The government is in negotiation over the exact amount and timing, Ahmed El-Naggar, adviser to the finance minister, told IFIS, but it wants to come to market before GCC investors go on annual vacation in the middle part of the calendar year.
-
The Central Bank of Bahrain (CBB) has raised BD18m ($47.94m) from its monthly issue of sukuk al-salam Islamic securities. The notes, which carry a 91 day maturity (from February 27), achieved a 223% oversubscription and will have a 0.9% expected return.
-
The President of the Islamic Development Bank to Deliver Keynote Address at the Islamic Financial Services Board 10th Anniversary Dinner Kuala Lumpur, 25 February 2013 – The President of the Islamic Development Bank (IDB), H.E. Dr. Ahmad Mohamed Ali Al-Madani will lead this year’s fifteen prominent speakers who have confirmed their participation in the 10th IFSB Summit that will be held on 16 and 17 May 2013 in Kuala Lumpur, Malaysia and hosted by Bank Negara Malaysia. The theme for this year’s IFSB annual event is “The Future of the Islamic Financial Services Industry: Resilience, Stability and Inclusive Growth”.
-
The Republic of Indonesia has fallen slightly short of its Rp15tn ($1.55bn) target with a sale of retail sukuk. The country’s finance ministry raised just under Rp14.97tr through the sale of notes, which carry a 6% coupon and three year maturity.