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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory, Market Moves more

Bahrain names lead managers for Islamic bond issue

Posted on 07 May 2009

From Arabianbusiness.com: Bahrain’s central bank confirmed on Wednesday it has appointed Deutsche Bank, HSBC Bank and Calyon - the investment banking arm of Credit Agricole - as lead managers for its upcoming sale of sovereign Islamic bonds.

The country plans to sell $500 million of five-year bonds compliant with Islamic law from May 27, central bank spokeswoman Nayla Ali Al Khalifa said last month…….Full Article: Source

 
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