Bahrain’s $750m Islamic bond issue last week is a part of the Gulf Arab state’s plan to create a yield curve, its central bank said on Sunday.
“Bahrain’s return to the sukuk market through a longer dated issue is part of our desire to create a yield curve in the international sukuk market in the same way that we have in our domestic market,” said Sheikh Salman bin Isa al-Khalifa, executive director of banking operations at the central bank………………………………………..Full Article: Source