Albaraka Turk Katilim Bankasi AS
Yield Spreads at Two-Year Low to Spur 2011 Sales Revival
Fri, 2011-01-07 11:27 — newsdeskThe lowest relative yields on Islamic bonds in more than two years may encourage issuers to tap the market after a 15 percent drop in new sales in 2010, helping revive interest among investors.
Albaraka Banking Group BSC plans to sell Islamic bonds in the first quarter, while Albaraka Turk Katilim Bankasi AS, a Turkish Islamic bank, may make an offering this year.
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