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

Luxembourg puts Sukuk on hold, Governor Yves Mersch says

Posted on 12 May 2011

Luxembourg has put on hold plans to sell the government’s first Islamic bonds, Central Bank Governor Yves Mersch said.
“As of late, Luxembourg has had less need to issue,” Mersch told reporters at the Islamic Financial Services Board Summit in Luxembourg City today. “This might have influenced the decision to put the project on hold.”………………………………………Full Article: Source

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