05.10.2012 - Robust demand helps Gulf banks secure low yields
Deals from two major banks this week have reopened the Gulf debt market after an extended summer lull, and highlighted the lower yields that investors in the region are settling for as liquidity continues to far outstrip supply. Qatar Islamic Bank returned to the market on Wednesday after two years away with a $750 million, five-year sukuk at a profit rate of 2.5 percent. Order books for the sukuk were $6 billion...............................................Full Article: Source
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