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IDB to list US$3.5bil sukuk bonds in KL and London



Thestar.com.my:The Islamic Development Bank (IDB) will dual list US$3.5bil of its sukuk bonds in Kuala Lumpur and London by the year-end.

Of this amount, US$1.1bil has already been issued to investors. About US$1bil will be issued by year end, in tranches of five, seven and 10 years.

Finance vice president Dr Abdul Aziz Al-Hinai said one of IDB’s responsibilities was to help members of the Organisation of Islamic Conference grow and develop...continue


This post first appeared on Allhalal, please read the originial post: here

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IDB to list US$3.5bil sukuk bonds in KL and London

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