Fri, Dec 26, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Dubai yield gap to Malaysia shrinks as debt restructured: Islamic finance

Posted on 06 April 2011

Dubai’s borrowing costs relative to Malaysia’s sank to a record as the emirate makes progress restructuring debts. The extra yield investors demand to own Dubai’s 6.396 percent dollar bond rather than Malaysia’s 3.928 percent sukuk dropped to 251 basis points yesterday, the lowest ever, according to data compiled by Bloomberg.
It was little changed today at 253 basis points. The gap has narrowed 55 basis points since the day before state-owned Dubai World signed an accord with creditors to alter terms on about $25 billion of debt on March 23……………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031