15.11.2010 - Sukuk to trail emerging debt as issuance flags
From Bloomberg: Yields on Islamic bonds rose last week by the most in almost a month, extending two quarters of underperformance relative to emerging-market securities, on concern slumping sales will reduce trading. Yields climbed 10 basis points to 4.59 percent this week, the biggest increase since the five-days ended Oct. 22, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. Bonds in developing nations outperformed Shariah-compliant notes for the last six months as global sales of sukuk dropped 29 percent to $13.7 billion..............................................Full Article: Source
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