28.02.2011 - Sukuk rallies as Gulf crisis spreads
From Gulfnews.com: Yields on Malaysia's dollar-denominated Islamic bonds are trading near the lowest level in a month as investors favour the nation's assets over those in the Middle East amid escalating political violence. The yield on the government's 3.928 per cent sukuk due June 2015 dropped 11 basis points last week to 2.89 per cent, according to prices from Royal Bank of Scotland Group. They were at 2.88 per cent on Tuesday and at 2.86 per cent at the beginning of the month..............................................Full Article: Source
Print