| 28.10.2011 - Emaar’s bond yields inverted on demand for Sukuk |
| Yields on Dubai developer Emaar Properties PJSC longer-maturity bonds dropped below its shorter- dated securities in September as investors preferred Islamic bonds, which are in shorter supply. Emaar’s Islamic bond, or sukuk, due 2016 yielded 7.84 percent, while its convertible bond due 2015 was available at 8.32 percent, according to data compiled by Bloomberg...............................................Full Article: Source |