| 10.02.2010 - Gulf sukuk issue runs into trouble |
| From Zawya.com: Saudi Arabia's Dar Al Arkan Real Estate will likely issue a five-year fixed rate Islamic bond worth between $500 to 750 million by the end of the week, two bankers with knowledge of the deal told Reuters yesterday. The Islamic bond, or sukuk, could be priced to yield between 10.5 and 11 per cent, they said........................................Full Article: Source |