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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Islamic dim sum bonds must overcome structuring issues to take off

Posted on 21 November 2011

Malaysia’s state investment company Khazanah issued the world’s first offshore renminbi (Rmb)-denominated Sukuk in Hong Kong on October 13th 2011, delayed from its initial mid-September launch to avoid market volatility across Asian financial markets.
Priced at the tightest end of guidance at 2.9% with a three year benchmark, the dealwent out amid market anticipation, and demand of 3.6 times……………………………………….Full Article: Source

 
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