Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Tight price and strong book reported as market awaits geographic breakdown
Flood of AT1s expected to follow the first public trade from the Gulf in over two months
Announcements could come as early as Monday, the two month anniversary of the last public GCC trades
Islamic investors have been a safe haven for Gulf issuers in the past, and can be now
More articles/Ad
More articles/Ad
More articles
-
National Bank of Ras Al-Khaimah (Rakbank) launched its first ever benchmark dollar bond on Tuesday, having drawn $1.5bn in orders for its $500m inaugural.
-
Morocco is unlikely to issue its first ever sukuk this year and the country’s Islamic banking looks set for more delays, according to a senior parliamentary advisor. -
The book for Commercial Bank of Qatar’s benchmark five year bond topped $3bn on Tuesday morning, reports GlobalCapital, as price guidance was tightened to 117bp-120bp over mid-swaps. The deal will be priced in that range, said bankers.
-
National Bank of Ras Al-Khaimah (Rakbank) launched its first ever benchmark dollar bond on Tuesday, having drawn $1.5bn in orders for its $500m inaugural.
-
The Gulf Bond and Sukuk Association (GBSA) has hosted a seminar on Islamic finance at the Making Finance Work for Africa (MFW4A) Partnership forum, with Gulf players looking to make inroads into what they see as a growing Islamic financial market.
-
Saudi Arabian energy and telecoms transmission manufacturer Al-Babtain signed SR300m ($79.9m) with Alinma Bank, its second Islamic financing agreement.
