Mon, Mar 30, 2015
A A A
Welcome bhaimia
RSS

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

Turkey’s debut sukuk attracts high Gulf demand

Posted on 21 September 2012

Middle Eastern investors snapped up most of Turkey’s $1.5 billion debut sukuk, the Treasury said, while Deputy Prime Minister Ali Babacan said the government hopes the deal will encourage other Turkish borrowers to sell Islamic bonds.
The 5-1/2 year bond attracted an order book of nearly five times the issue size, the Treasury said late on Tuesday, with Middle Eastern accounts taking 58 percent of the issue. European investors bought 13 percent and Asian accounts 12 per cent, while 9 percent was sold in Turkey and 8 percent to USinvestors………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« May    
 1
2345678
9101112131415
16171819202122
23242526272829
3031