Tuesday 22 May 2012

Saudi finmin sees more sukuk, bond issuance this year - Yahoo! News UK

Saudi Arabia will see more Islamic bond, or sukuk, and conventional debt issuance this year, the oil-rich kingdom's finance minister said on Tuesday.
"I see more sukuks and bonds being issued in future including from government agencies that have the ability to
generate income and operate commercially," Ibrahim Alassaf said, speaking at a conference in the capital of Riyadh.
Asked if that meant this year he said: "Why not."

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