Kuala Lumpur
JUST as Asia enjoys a record quarter for dollar-denominated Islamic bond sales, the US Federal Reserve may be about to spoil the party.
Issuers have taken advantage of global yields below a four-year average to sell US$4.02 billion of the debt since the end of March, bringing 2015's total to US$5.27 billion, data compiled by Bloomberg show. Investors will focus on Friday's US jobs report as a key indicator, with futures currently flagging September as the most likely month for the first...
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