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Most recent/Bond comments/Ad
Most recent
Books over $1.5bn at launch at a spread of 80bp over Treasuries
Gulf issuance will take a pause due to the Eid holiday next weekend, but June could be busy
EM investors may be happy to see some senior supply after glut of tightly priced AT1
Strong local bids enable AT1 sukuk issuers to set yields far below where overseas buyers see fair value
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The sukuk market may not have long to wait for a follow-up to Emirates Airlines’ unique export credit agency (ECA) backed sukuk, which brought the issuer diversification, demand and pricing that it had never before experienced, according to bankers on the deal.
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Islamic lender Bank of London and The Middle East (BLME) has announced that Humphrey Percy will stand down as chief executive.
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Hong Kong has picked banks for the follow up to its record setting debut sukuk.
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Emirates Airlines took the export credit agency (ECA) sukuk guarantee for a successful test flight this week, delighting bankers hoping to make the product a regular occurrence.
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Arab Investment Bank (AIB), a Cairo-based lender, has signed an agreement with the Islamic Development of the Private Sector (ICD) to set up a a Sharia-compliant leasing company in Egypt.
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Afaq Khan, the chief executive of Standard Chartered Saadiq, is leaving the bank, according to a spokesperson at Standard Chartered.