(Bloomberg) -- Emirates Islamic Bank PJSC, the
Shariah-compliant unit of Emirates Bank International PJSC,
raised $350 million from its first issue of Islamic bonds known
as sukuk.
Investors from Asia and Europe bought a combined 72 percent
of the five-year bonds, which pay a profit rate equivalent to 0.3
percentage points more than the London interbank offered rate,
Dubai-based Emirates Islamic said in an e-mailed statement today.
Read more at Bloomberg Bonds News
Shariah-compliant unit of Emirates Bank International PJSC,
raised $350 million from its first issue of Islamic bonds known
as sukuk.
Investors from Asia and Europe bought a combined 72 percent
of the five-year bonds, which pay a profit rate equivalent to 0.3
percentage points more than the London interbank offered rate,
Dubai-based Emirates Islamic said in an e-mailed statement today.
Read more at Bloomberg Bonds News
No comments:
Post a Comment