25.10.2010 - Global Sukuk issuance seen below $25bln
From Gulf-times.com: Sukuk issuance in 2011 will likely be less than $25bn as Gulf debt restructurings and state deficit constraints dampen borrowing, a Reuters quarterly poll has showed. Issuance is expected to reach $30bn this year, according to Kuwait Finance House. Based on this forecast, the pollís estimated sales in 2011 would mark the first decline since 2008 when sales dropped 56%. Sales stood at $23.3bn in 2009 and $14.9bn in 2008, Standard & Poorís has said..............................................Full Article: Source
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