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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Egypt turmoil seen hitting Islamic bond market in near-term

Posted on 03 February 2011

From Maktoob.com: Islamic bonds in the Gulf region hit by a sell-off sparked by Egypt’s political turmoil steadied on Wednesday but traders expect more volatility as investors fret about contagion to other Arab states.
Total returns for the HSBC/Nasdaq Dubai US Dollar Sukuk Index have fallen 0.6 percent since Jan 25. Yield spreads widened 36 basis points, indicating an increase in risk perception……………………………………….Full Article: Source

 
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