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

Turkey’s first Islamic bond offer oversubscribed-sources

Posted on 26 August 2010

From Reuters: Turkey’s first Islamic bond offering, from lender Kuveyt Turk, fetched a yield of 5.25 percent on Tuesday and was oversubscribed by investors, sources familiar with the matter said.
Kuveyt Turk, which is majority-owned by Kuwait Finance House, launched the three-year $100 million sukuk on August 17, paving the way for more Turkish companies to tap the growing Islamic finance market……………………………………….Full Article: Source

 
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