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

Citigroup plans more Islamic bond sales from Turkey; in talks with other sellers

Posted on 21 September 2010

From Gulf-times.com: Citigroup plans to arrange more sales of Islamic bonds, or sukuk, from Turkey after managing a $100mn issue for Kuveyt Turk Katilim Bankasi AS, an executive at the company said.
Citigroup is having talks with other potential sellers of Shariah-compliant debt in the country, said Hulusi Horozoglu, director of global Islamic banking at Citigroup, in an e-mailed response to questions. He said there was “significant appetite” from investors for the Kuveyt Turk sale last month……………………………………….Full Article: Source

 
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