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

DIB plans sukuk buy-back

Posted on 22 May 2009

From Ameinfo.com: Dubai Islamic Bank (DIB) has told Nasdaq Dubai it will buy back $50.6m (Dhs185.7m) of its sukuk that matures in 2012, paying 88% of the bond’s face value.
The settlement date for the purchase is May 21. The bank, which has $750m of sukuk due in 2012, had previously offered to buy back as much as $200m of sukuk……..Full Article: Source

 
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