27.08.2010 - Turkey’s 1st Islamic bond sale draws big response
From Gulf-times.com: Turkey’s first Islamic bond, from lender Kuveyt Turk, will pay a coupon of 5.25% and was 45% oversubscribed by investors, sources familiar with the matter said. Kuveyt Turk, which is majority-owned by Kuwait Finance House, launched the three-year $100mn sukuk on August 17, paving the way for other Turkish companies to tap the growing Islamic finance market..............................................Full Article: Source
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