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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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Saudi Arabia’s Petro Rabigh has signed SR19.38bn ($5.2bn) of loan agreements – including an Islamic finance component – with a mix of international, regional and local lenders.
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First Gulf Bank has decided against updating its Malaysian ringgit wakala programme, due partly to the high cost of issuing sukuk, an official the bank told IFIS. -
Prasarana Malaysia, a government owned operator of bus and rail networks, priced a MR2bn ($540m) multi-tranche murabaha sukuk on Wednesday.
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The bookrunner league tables for international sukuk are skewed by huge lead manager line ups and low overall volumes and need to be taken with a pinch of salt.
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The bookrunner league tables for international sukuk are skewed by huge lead manager line ups and low overall volumes and need to be taken with a pinch of salt.
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United Arab Emirate Ras Al Khaimah has set roadshow dates for its second ever international sukuk deal.
