04.03.2009 - Sukuk pricing distorted by thin secondary market
From Forexpros.com: Corporate issuers are eager to return to the Islamic bond market but a lack of secondary trading could distort the pricing of an estimated $45 billion worth of sukuk in the pipeline and deter future issuance. The credit crunch and growing prospects of a global recession have virtually frozen sukuk markets worldwide, and the issue of distorted pricing could exacerbate issuers' reluctance to return to the markets, threatening a crucial source of funding for companies and governments..... Full Article: Source
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