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

Global Sukuk keep up longest rally in 7 months

Posted on 12 March 2012

Zeti Akhtar AzizGlobal Islamic bonds rose for a fourth week, the longest rally since August, as Europe makes progress on containing its debt crisis and the housing market in the Middle East shows signs of improving.
Average yields have dropped 21 basis points since February 10 to 3.72 per cent and touched a four-month low of 3.71 per cent on March 7, according to the HSBC/Nasdaq Dubai US Dollar Sukuk Index………………………………………..Full Article: Source

 
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