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
-
Cairo-based AT Financial's index of Shariah compliant Egyptian stocks saw a return higher of 3.04% on Wednesday, following several days of sharp falls. The index was quoted back up at 349.68, having dropped to 339.37 on Tuesday.
-
Abu Dhabi Islamic Bank's benchmark sukuk issue and the prospect of a conventional deal from the State of Qatar have held the attention of Europe's EM bond market practitioners this week. Other Middle East issuers such as Abu Dhabi National Energy Co ( Taqa ) and Majid Al Futtaim (MAF) also look set to push ahead with their plans.
-
Business Bermuda, an organisation that works to promote Bermuda internationally as a business jurisdiction, has this week hosted a reception for the financial services community in Bahrain as part of the World Islamic Banking Conference (WIBC).
-
Albaraka Turk, the Turkish banking unit of Bahrain-based Albaraka, is preparing to issue a dollar-denominated sukuk and will undertake a series of investor meetings. The bank has mandated Deutsche Bank, QInvest, Emirates NBD and Noor Islamic Bank to manage the meetings, beginning this week.
-
Thomson Reuters today launched what it has called the world's first Islamic finance benchmark rate. It said this is designed to provide an objective and dedicated indicator for the average expected return on Shariah-compliant short-term interbank funding.
-
Abu Dhabi Islamic Bank (ADIB) issued a $500m benchmark dollar denominated sukuk on Tuesday, following investor meetings that began last week.