17.05.2010 - Islamic dollar bond 2010 sales may reach $5 bln
From Bloomberg: Sales of dollar-denominated Islamic bonds may reach $5 billion this year, matching levels of 2009, led by Asia and Gulf Arab nations, said an official at HSBC Holdings Plc, the biggest underwriter of such debt this year. The so-called sukuk market was “sluggish” in the first half of the year, Mohammed Dawood, director of debt capital markets at HSBC in Dubai said in an interview today. Offerings will “pick up” in the months to come as market conditions improve, he said..............................................Full Article: Source
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