SUBSCRIBERS
Global sukuk record unlikely as 1Malaysia delays US$2.4b sale
Published Tue, Dec 9, 2014 · 09:50 PM
Kuala Lumpur
GLOBAL Islamic bond sales look set to miss out on a record year after Malaysia's sovereign wealth fund postponed what would have been 2014's biggest offering. The top underwriter is also cautious over the coming year.
Issuance to date is US$2.1 billion shy of the unprecedented US$46.8 billion in 2012 and more than last year's US$43.1 billion total, data compiled by Bloomberg shows.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
ADB agrees to US$5 billion funds replenishment with donors
Dollar drops as employers add fewer jobs than expected in April
HSBC has no plans to dispose of further businesses, chairman says
JPMorgan unveils IndexGPT in next Wall Street bid to tap AI boom
Morgan Stanley, Frasers settle UK lawsuit over US$1 billion margin call
Danske’s net income rises 9% helped by higher interest rates