Stephen Jordan
UAE’s bank issues US$163mil sukuk
Tue, 2012-11-27 13:59 — newsdeskA RM500mil (US$163mil) Islamic bond has been issued by the National Bank of Abu Dhabi. The issued sukuk has an interest rate of 4.75% and will mature in 15 years. The joint lead managers of the transaction besides the Malaysian national bank were HSBC, Maybank Investment Bank and Standard Chartered.
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