| 30.05.2011 - HSBC MidEast sells $500 mln 5-year Islamic bond |
| HSBC's Middle East unit priced a $500 million Islamic bond on Thursday at 155 basis points above midswaps, carrying a maturity of five years. The Islamic bond, or sukuk, yielding 3.575 percent, saw regional investors taking up 58 percent of orders, followed by Asian investors with 29 percent..............................................Full Article: Source |