| Bahrain’s Islamic bonds jumped in October, sending the yield down the most on record, as backing from the island nation’s neighbours prompted investors to disregard protests.
The yield on Bahrain’s 5.5% sukuk due in March 2020 fell 65 basis points, or 0.65 percentage point, in October, the biggest drop since they started trading in March 2010, to 4.38%, before rising to 4.39% . That outpaced a 21 basis-point decline to 2.96% in the average yield on sukuk in the Gulf Cooperation Council, according to the HSBC/Nasdaq Dubai GCC US Dollar Sukuk Index...............................................Full Article: Source
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