17.01.2012 - EIB completes $500mln Sukuk issue
Emirates Islamic Bank (EIB) has completed issuance of $500 million sukuk certificates maturing in 2017 as part of its $1 billion Trust Certificate Issuance Programme. The programme is guaranteed by Emirates NBD rated A3 by Moody's and A+ by Fitch. The Certificates pay a profit rate to investors of $ 5-year Mid-swaps + 350bps (4.718 per cent)...............................................Full Article: Source
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