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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, September 19, 2011: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the fund stability rating of Namco Income Fund (NIF) at 'A(f)' (Single A (f)).
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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It is my pleasure to wish all of you a warm welcome to this Third Annual International Conference on Financial Crime and Terrorism Financing.? We are indeed privileged today to have the? presence of Yang Berhormat Dato' Seri Hishammuddin Tun Hussein, Minister of Home Affairs of Malaysia, who has kindly agreed to deliver the keynote address, and officiate the opening of this conference.? His presence reflects the significance placed by the Government of Malaysia on the roles and contributions of the financial sector in supporting the national agenda to combat and reduce crime, particularly economic and financial crime as well as terrorist financing, which is crucial in maintaining the integrity and stability of our financial system. On behalf of the financial sector, I wish to extend our gratitude to Yang Berhormat Dato' Seri for gracing today's event.
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The Malaysian government is planning to issue the first ever renminbi-denominated sukuk into Hong Kong, through its investment arm Khazanah Nasional . Khazanah is reportedly targeting RNB500m ($78.4m) of five-year maturity sukuk, with rumours that a three-year tranche may also be offered.
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Bank of London and the Middle East (BLME) has announced the appointment of Waleed Al-Omar to its senior management team as director of the middle east and north Africa (MENA) region. In this new role, he will be responsible for BLME'S business development and relationship management in the region.