Colliers International
Sovereign Sukuk Beating Company Debt First Time Since May: Islamic Finance
Mon, 2010-08-30 15:21 — newsdeskSovereign Islamic bonds from Asia to the Persian Gulf are lowering returns on corporate sukuk for the first time in three months.
Malaysia’s Lembaga Tabung Haji fund, France’s BNP Paribas Investment Partners and Duet Mena Ltd. in Dubai forecast government debt will outperform until property prices in the Persian Gulf recover from a slump that prompted credit-ratings companies to downgrade corporate bonds.
Syndicate
