1. BMA To Launch $106Mn Dinar-Denominated Ijara Sukuk

    ...ture on 20 July 2014. It will give a return of 5.125%, to be paid twice a year, on 20 January and 20 July. The BMA is receiving subscriptions for the sukuk from 11 July until 18 July with the minimum subscription set at BD10,000 ($26,525).   Subscription is  open to all commercial banks and  na...

    Volume: 47
    Issue: 29
    Published at Mon, 19 Jul 2004
  2. Iraq: Sustainability Of Debt Service And Reparations Payments

    ...% in 2005 to 13% in 2009. In 2010 it jumps to 27% after principal payment is added to the interest payment, which would have started in 2005. The ratio declines to 24% in 2014, (Table 4). If 25% is taken as a yardstick over which the burden becomes heavy then debt service seems largely tolerable ev...

    Volume: 47
    Issue: 28
    Published at Mon, 12 Jul 2004