| From Btimes.com.my: Global sales of Islamic bonds may match the 2007 record as issuers rush to benefit from low borrowing costs before economic growth pushes yields higher, Maybank Investment Bank Bhd and CIMB Islamic Bank Bhd say.
Islamic debt sales increased 62 percent to US$10.6 billion in the second half of 2010 compared with the first six months, according to data compiled by Bloomberg. The yield on global sukuk was 4.67 percent yesterday, climbing 18 basis points from a five-year low of 4.49 percent on Nov. 8, the HSBC/NASDAQ Dubai US Dollar Sukuk Index shows..............................................Full Article: Source
|