30.03.2011 - Saudi Aljazira issues $267mln Islamic bond

Saudi's Al-Jazira Bank completed a SR1 billion ($267 million) 10-year Islamic bond sale which was four times oversubscribed, the lender said in a bourse statement on Tuesday. 'Bank Aljazira announces successful completion of its sukuk issuance of SR1 billion on March 29. The issuance subscriptions were four times more than the amount approved by the Saudi monetary agency,' the bourse statement said...........................................Full Article: Source

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