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

Sudan delays $300 mln Islamic bond sales

Posted on 07 September 2010

From Bloomberg: Sudan plans to delay the sale of $300 million of Islamic bonds until next year, after originally planning the sale for 2008, as it waits for global markets to recover from the economic crisis, the central bank governor said.
“The markets that we intend to issue these bonds in, are still affected by the ramifications of the financial crisis,” Sabir al-Hassan said in an interview in the Sudanese capital, Khartoum, today. “We are waiting for the right environment.”………………………………………Full Article: Source

 
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