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

Dramatic recovery in Islamic bond prices shows confidence in Gulf is improving fast

Posted on 20 May 2009

From Ameinfo.com: The average price of GCC corporate Islamic bonds has jumped by a dramatic 29% since the market’s reached its trough in February, which is a reflection that confidence in the Gulf is recovering fast, says Trowers and Hamlins, the international law firm.
In comparison, the average price of US corporate bonds remained virtually unchanged (falling 2%) over the same period………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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