Fri, Sep 19, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

First Gulf Bank delays bond offer on higher rates

Posted on 12 November 2010

From Arabianbusiness.com: First Gulf Bank, the third- largest lender in Abu Dhabi, will delay a plan to sell bonds because interest rates aren’t favourable, said a spokesman at the bank.
First Gulf doesn’t need to borrow funds immediately and will monitor market conditions before selling debt, said the spokesman who declined to be identified, citing company policy……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930