Most recent/Bond comments/Ad
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
More articles/Ad
More articles/Ad
More articles
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Pakistan Mobile Communications (Mobilink) plans to issue Prk6.6bn in sukuk before the end of March, with a guarantee from multinational agency GuarantCo. The deal is GuarantCo’s first Islamic transaction, but the agency’s mandate makes it a good fit for Islamic finance. -
A 367 day loan? Could that have been designed to tick a regulatory box? Of course it could. But don't scoff - banks have always gone right up to the line of compliance - and they always will.
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National Bank of Abu Dhabi has released initial price thoughts for a five year dollar benchmark at 90bp over mid-swaps, equating to only around a 10bp pick-up from the secondary trading of its August 2019s.
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Halkbank is on track to price the third financial bond from Turkey this year and is out in the market with a new $500m six year bond.
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Demand for Shariah compliant real estate investment, particularly from the Gulf, has jumped even as oil prices have tumbled, Philip Churchill, founder and managing partner of 90 North, told IFIS. The firm is expecting its assets under management to double in 2015, as clients seek Shariah compliant property assets in the UK, Europe and the US.
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Pakistani utility provider K –Electric is planning a seven year Pkr22bn ($214m) musharaka sukuk, which would be the largest ever Islamic Pakistani corporate deal.
