03.05.2011 - Sukuk yields decline to 6-year low on oil prices
Islamic bond yields fell to a six-year low in April, led by DP World Ltd and Petroliam Nasional Bhd, as soaring oil prices attracted funds to securities in crude exporting countries. Yields dropped for a second month, declining 47 basis points, or 0.47 percentage point, to 4.19% on April 29, the lowest since June 2005, according to the HSBC/Nasdaq Dubai US Dollar Sukuk Index..............................................Full Article: Source
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