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Kuveyt Turk’s sukuk issue profit rate 6 pct-bankers

Posted on 20 October 2011

Kuwait Finance House’s Turkish unit Kuveyt Turk’s $350 million sukuk issue initial profit rate is around the 6 percent area, bankers told Reuters on Wednesday.
Last year, the Capital Markets Board of Turkey (SPK), the regulatory and supervisory authority in charge of the securities markets, published a statement setting the legal ground for sukuk issues by Turkish companies……………………………………….Full Article: Source

 
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