| An oversubscribed sukuk from state-owned Jebel Ali Free Zone (JAFZA), sold on Tuesday, looks set to continue attracting demand in the secondary market, where it has already been bid higher post-issue.
JAFZA, an industrial park on the outskirts of Dubai and part of state-owned conglomerate Dubai World, priced its $650 million, seven-year sukuk at 7.00 percent, at the tighter end of guidance, with an order book that was more than three times oversubscribed...............................................Full Article: Source
|