04.04.2011 - Dubai Sukuk, Abu Dhabi TDIC spread narrows to lowest since 2009
The extra yield investors demand to hold Dubaiís 6.396 percent dollar Islamic bond over Abu Dhabi state-owned Tourism Development & Investment Co.ís 4.949 percent sukuk traded near a 16-month low after Dubai World signed a final accord to restructure its debt. The spread narrowed 35 basis points to 213.3 after state- owned Dubai World signed the deal with creditors March 23, the data show..............................................Full Article: Source
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