22.10.2010 - Persian Gulf banks planning $1.5 bln Sukuk
From Bloomberg: Islamic bond sales by banks in the Persian Gulf may reach $1.5 billion this month, taking total offerings this year to the highest on record, as the regionís recovery lures investors. Islamic Development Bank, a Jeddah-based multilateral lender, sold $500 million of five-year sukuk yesterday to yield 40 basis points more than the benchmark midswap rate..............................................Full Article: Source
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