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Philippines may join Asian sovereigns testing sukuk market

Its success may depend on pricing and Middle East investors' response
Saturday, June 11, 2016 - 05:50

Hong Kong

PLANS by the Philippines to sell Islamic bonds could open a new source of financing for the incoming government of Rodrigo Duterte, but its success may depend on how generous Manila is on pricing and Middle East investors' response to new entrants in the market.

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