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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Lebanon not to issue sukuk due to high liquidity

Posted on 05 May 2010

From Reuters: Lebanon does not plan to issue a sovereign Islamic bond, or sukuk, in order not to attract additional liquidity to its banking system which is awash with cash, a central bank official said on Tuesday.
The emerging market for sukuk has been lacking sovereign issues to provide a pricing benchmark for corporate issuers and boost liquidity in a market that sees little secondary trading……………………………………..Full Article: Source

 
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