| 14.09.2011 - Dubai Sukuk drops on risk aversion, falling oil prices |
| Dubai’s Islamic bonds are dropping more than the debt of energy-rich Abu Dhabi and Qatar as investors shun the region’s riskier assets after slowing global economic growth crimps oil demand. The extra yield investors demand to hold Dubai’s 6.396% bond maturing 2014 and the five-year 2.375 Treasury due the same year widened more than 100 basis points, or 1 percentage point, from its May 19 low to 446 basis points on Monday..............................................Full Article: Source |