03.12.2009 - Nakheel Sukuk saw unusual selling
From WSJ: Unusual selling of Nakheel's $3.5 billion Islamic bond in the lead-up to Dubai's announcement last week that it would seek to restructure Nakheel's owner, Dubai World, suggest some holders may have had an inkling they wouldn't get repaid as expected in December, a data firm said Wednesday. According to Data Explorers, a company that tracks how much of a company's stock or bonds are out on loan, about 75% of institutions holding the sukuk sold their position between the end of August and the end of November.................................Full Article: Source
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