21.12.2010 - Junk bonds gain as economy gathers strength
From Businessweek.com: Indonesia plans to name three banks to help it sell about $650 million of Islamic bonds, Dahlan Siamat, director for Islamic financing at the finance ministry, said in a telephone interview in Jakarta. The government sold its first international Islamic dollar bonds in April 2009. Al Baraka Bank Egypt Esc, a unit of Bahrain-based Albaraka Banking Group, may sell dollar-denominated Islamic bonds in the second half of 2011, the bankís chairman said Sept. 29. The bank hasnít decided on the size of the bond, he said..............................................Full Article: Source
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