Middle East Economic Survey
VOL. XLVII
No 27
05-July-2004
CAPITAL MARKETS
BMA And Citigroup Complete $250Mn Ijara Sukuk Issue
The Bahrain Monetary Agency (BMA) and Citigroup on 29 June signed the documentation for BMAs debut international bond issue, a $250mn Ijara sukuk (Islamic leasing bond). The five-year, floating rate note, which matures on 30 June 2009, is the ninth in BMAs Ijara sukuk series and brings total issues to a value of $1.03bn. The rental return on the sukuk is 45 bps over...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!