29.03.2011 - Dubai's Sukuk rise most in year on debt accords
The yield on Dubai's Islamic bond fell the most in more than a year last week, leading a rally in Arabian Gulf sukuk, as government-related companies complete debt restructurings and posted better-than-expected earnings. The yield on Dubai’s 6.396 percent dollar sukuk due in November 2014 fell to a record low 5.59 percent March 25, taking the weekly decline to 57 basis points, the most since the week ended March 5, 2010, data compiled by Bloomberg show...........................................Full Article: Source
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