Most recent/Bond comments/Ad
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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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Emirates, the airline, released initial price thoughts on Monday morning for the first sukuk ever to come with a guarantee from the UK’s Export Credit Guarantee Department.
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Oman Telecommunications is the latest of the country’s firms to receive approval for a planned sukuk issue.
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RAM Ratings has assigned a AA3 rating to Kuveyt Türk’s debut ringgit sukuk, and Zorlu Energy has added its name to the list of Turkish corporates considering Islamic bonds. But despite a burgeoning Turkish financial market, debt bankers are not holding out hope of corporate supply kicking off.
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Malaysia’s AmBank Group has appointed Datuk Mohamed Azmi Mahmood as an acting managing director, said the group’s press release on Friday.
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State Bank of Pakistan has approved Karachi based Habib Bank’s (HBL) request to conduct due diligence for its acquisition of First Microfinance Bank (FMB), Pakistan’s oldest microfinance lender.
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Bank Muscat’s shareholders have approved plans for an OR500m ($1.29bn) sukuk programme.