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

Nakheel bonds show confidence in debt plan

Posted on 16 July 2010

From Bloomberg: The Islamic bond market is showing that Dubai is regaining investor confidence after a group of creditors agreed to restructure Nakheel PJSC’s debt.
The average yield on sukuk sold by Gulf Cooperation Council borrowers fell eight basis points yesterday to 7.23 percent, according to the HSBC/NASDAQ Dubai GCC US Dollar Sukuk Index……………………………………….Full Article: Source

 
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