Thu, Aug 28, 2014
A A A
Welcome bhaimia
RSS

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

CBN, partners DMO for Islamic bonds

Posted on 22 June 2011

Going by structures already put on ground, Sanusi Lamido Sanusi, Governor, Central Bank of Nigeria (CBN), expects that the apex bank, working with the Debt Management Office (DMO), would fashion the nation’s first Islamic (non-interest) bond, before the end of next year.
A Reuters report on Monday quoted Sanusi, who is attending an Islamic Finance Forum in Dakar, Senegal as saying: “We are working with the debt management office. The central bank is collaborating with them on capacity building. We do have a target of issuing a first sovereign Sukuk in Nigeria within 18 months.”………………………………………Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031