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

Global Sukuk issuance seen below $25bln

Posted on 25 October 2010

From Gulf-times.com: Sukuk issuance in 2011 will likely be less than $25bn as Gulf debt restructurings and state deficit constraints dampen borrowing, a Reuters quarterly poll has showed. Issuance is expected to reach $30bn this year, according to Kuwait Finance House. Based on this forecast, the poll’s estimated sales in 2011 would mark the first decline since 2008 when sales dropped 56%.
Sales stood at $23.3bn in 2009 and $14.9bn in 2008, Standard & Poor’s has said……………………………………….Full Article: Source

 
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