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

HSBC MidEast sells $500 mln 5-year Islamic bond

Posted on 30 May 2011

HSBC’s Middle East unit priced a $500 million Islamic bond on Thursday at 155 basis points above midswaps, carrying a maturity of five years.
The Islamic bond, or sukuk, yielding 3.575 percent, saw regional investors taking up 58 percent of orders, followed by Asian investors with 29 percent……………………………………….Full Article: Source

 
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