| The yield premium investors demand to hold Dubai’s unrated Islamic bonds over Malaysia’s declined to a record after the emirate’s state-linked companies made progress in settling $15 billion of debt due this year.
The spread on Dubai’s 6.396 per cent sukuk due November 2014 over Malaysia’s investment-grade 3.928 per cent notes maturing in June 2015 has fallen 98 basis points this year to 189 yesterday, according to data compiled by Bloomberg...............................................Full Article: Source
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