Dubai Islamic Bank offers to buy back Sukuk up to USD 200 mn

Sat, 2009-05-09 21:07 — IslamicFinance.de

Dubai Islamic Bank offered to buy back up to USD 200 mn of sukuk. Pricing shall be at least 86 % of face value, but not more than 90 % determined by an auction.

Dubai Islamic has USD 750 mn of sukuk due 2012.

Source:

http://www.bloomberg.com/apps/news?pid=20601104&sid=aG1j7puBw_pI

Financial Institutions
Fixed Income
GCC
Sukuk
Dubai
UAE
Dubai Islamic Bank
Bloomberg

(c) The contents of this website are copyrighted. Any commercial use does require prior written permission. Any private forwarding is encouraged, but please include the original links to the website. Thanks! Information provided are on best effort basis. The sources are included for direct check. For external links we cannot take over responsibility. Community content is subject to special content license.

Any technical terms you shall find explained in our Islamic Finance WIKI .

IslamicFinance.de on LinkedIn

Follow our Islamic Finance Twitter-News

IslamicFinance.de

Navigation

News

Recent blog posts

Dubai Islamic Bank offers to buy back Sukuk up to USD 200 mn

Syndicate

Archive