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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Sudan sells Sukuk worth $286 mln

Posted on 02 May 2011

Sudan, which is due to split up in July, started on Sunday selling Islamic bonds or sukuk worth 765 million Sudanese pounds, a debt official said.
The issue will have an expected return of between 14 and 15 percent, said an official at the state-owned Sudan Financial Services Co which sells sukuk on behalf of the central bank. The offering would run for 10 days, he added……………………………………….Full Article: Source

 
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