Mon, May 25, 2015
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

PACRA suspends rating of HBFC’s Sukuk

Posted on 20 June 2011

The Pakistan Credit Rating Agency (PACRA) has suspended the rating of Sukuk amounting to PKR 1,500 million ($17.4 million) issued by House Building Finance Corporation (HBFC) due to non-availability of requisite information.
HBFC issued secured Sukukof PKR 1,500 million ($17.4 million) in May 2009, for a tenor of six years. Sukukcarries profit at the rate of KIBOR+1 per cent, being paid semi-annually……………………………………….Full Article: Source

 
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
May 2015
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031