| From Cpifinancial.net: The Islamic Development Bank (IDB) is to dual list some $1 billion of Sukuk in tranches of five, seven and 10 years as part of its $3.5 billion Medium-Term Note program.
The issue, due in Q4 2010, follows the IDB’s listing this month of MYR 1 billion ($318 million) on Bursa Malaysia via the IDB’s special purpose vehicle, Tadamun Sevices Bhd – the bank’s first MYR-denominated Sukuk. The MYR Sukuk, of which some MYR400 million has already been sold, is listed under the exempt regime basis and is not quoted or traded on the exchange...........................................Full Article: Source
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