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

Saudi IDB may delay $500 mln sukuk till September

Posted on 21 July 2009

From Forbes: The Islamic Development Bank (IDB) will most likely delay a $500 million Islamic bond issue until early September, its treasurer said on Monday.

‘The bank has not taken a decision yet but will most likely postpone the issuance until the first week of September as legal documents are not yet complete and due to the impending summer vacations,’ Mohammad Tariq told Reuters…….Full Article: Source

 
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