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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance, Research more

Sukuk yields decline to 6-year low on oil prices

Posted on 03 May 2011

Islamic bond yields fell to a six-year low in April, led by DP World Ltd and Petroliam Nasional Bhd, as soaring oil prices attracted funds to securities in crude exporting countries.
Yields dropped for a second month, declining 47 basis points, or 0.47 percentage point, to 4.19% on April 29, the lowest since June 2005, according to the HSBC/Nasdaq Dubai US Dollar Sukuk Index……………………………………….Full Article: Source

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