26.07.2011 - Dubai's shorter-dated bonds may prove a better bet: Arab Credit
Dubai's Islamic bond due 2014 may provide better returns than its 2020 security as investors shift toward shorter maturities and because of the need to hedge against an increase in U.S. treasury yields, analysts say. The yield gap between the Dubai government's 6.396 percent Islamic bond, or sukuk, due 2014 and its 7.75 percent security due 2020 widened 11 basis points this month, led by a drop in yields on the shorter-dated notes, according to data compiled by Bloomberg..............................................Full Article: Source
Print