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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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Karachi, March 29, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the Management Quality rating of AKD Investment Management Limited (AKDIML) from 'AM3' (AM Three) to 'AM3 - ' (AM Three Minus). Outlook on the assigned rating is 'Stable'.
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Date posted: 29 March 2012
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Date posted: 29 March 2012
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Dubai Islamic Bank has repaid in full from its own sources a $750m five-year sukuk which matured last week on March 22, the bank said today.