18.05.2012 - RAK's Islamic bonds growing in popularity

Ras Al Khaimah's Islamic bonds are becoming highly sought-after by fixed-income investors prepared to go a little off the beaten path in search of low-risk returns. Yields on the government sukuk, which pay a coupon of 5.2392 per cent, have fallen 35 basis points to 2.876 per cent since highs in March. Bond yields move in the opposite direction to bond prices...............................................Full Article: Source

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