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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, December 28, 2011: JCR-VIS Credit Rating Company Limited has reaffirmed the financial strength rating of Pak-Kuwait Takaful Company Limited (PKTCL) at 'A - ' (Single A Minus). Outlook on the assigned rating is 'Stable'.
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Karachi, December 28, 2011: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Insurer Financial Strength ( IFS ) Rating of Jubilee General Insurance Company Limited (Jubilee) - formerly New Jubilee Insurance Company Limited at 'AA' (Double A). The rating denotes very high capacity to meet policyholder and contract obligations. However, risk is modest, but may vary slightly over time due to business/economic conditions. Outlook on the assigned rating remains 'Positive'.
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Karachi, December 27, 2011: JCR-VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating (FSR) of Meezan Cash Fund (MCF) at ‘AA(f)’ (Double A (f)).
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Date posted: 27 December 2011
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Manama, Bahrain: Arab Banking Corporation (B.S.C.) ("ABC") announced today the appointment of the Governor of the Central Bank of Libya, His Excellency Saddek El Kaber, as the Chairman of its Board of Directors.