28.10.2009 - Dubai said to restrict planned bond to Islamic debt
From Bloomberg: Dubai plans to limit its first international debt sale in 18 months to Islamic bonds after setting up a $6.5 billion program to sell medium-term notes, according to a banker involved in the deal. The emirate will price five-year, fixed dollar-denominated bonds that comply with Shariah law to yield 375 basis points, or 3.75 percentage points, above the midswap rate, said the banker who didnít want to be identified because the deal hasnít been completed..........................Full Article: Source
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