09.07.2009 - Islamic Development Bank could increase $500 mln bond
From Reuters: The Islamic Development Bank could raise the size of a $500 million Islamic bond depending on market conditions, the latest in a flurry of sukuk issuances from the Gulf Arab region. "The minimum amount for the sukuk is $500 million," Mohammad Tariq, the bank's treasurer told Reuters on Wednesday. "It may be upsized depending on market conditions ... when people show interest we will see what rate will be good."........Full Article: Source