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Dana Gas Islamic bond yield jumps most in two weeks ahead of meeting

Posted on 04 January 2012

The yield on Dana Gas (DANA) PJSC’s Islamic bonds maturing in October climbed the most in two weeks ahead of a planned company board meeting tomorrow.
The rate on the $1 billion of 7.5 percent bonds advanced 165 basis points, the most since Dec. 19, to 38.6 percent at 2:37 p.m. in Dubai, according to data compiled by Bloomberg. The yield is the highest since March 2009………………………………………..Full Article: Source

 
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