| 26.08.2010 - Turkey's first Islamic bond offer oversubscribed-sources |
| From Reuters: Turkey's first Islamic bond offering, from lender Kuveyt Turk, fetched a yield of 5.25 percent on Tuesday and was oversubscribed by investors, sources familiar with the matter said. Kuveyt Turk, which is majority-owned by Kuwait Finance House, launched the three-year $100 million sukuk on August 17, paving the way for more Turkish companies to tap the growing Islamic finance market..............................................Full Article: Source |