| 04.10.2010 - Investor demand for QIB’s $750mln Sukuk hits $6bln |
| From Gulf-times.com: Qatar Islamic Bank (QIB) successfully placed $750mn in its debut sukuk, representing the first international sukuk transaction from a Qatari financial institution. Investor demand in the sukuk reached $6bn, about eight times the offered amount, Qatar’s largest Islamic bank said last night. The sukuk has a maturity of five years and will pay a fixed coupon of 3.856% per annum, QIB said..............................................Full Article: Source |