Fixed Income News

(Photo credit: Arabianeye-Reuters)
24 February 11:41 AM Moody's assigns provisional (P)Baa1 rating to Omani govt's proposed USD global notes
Mubasher: Moody's Investors Service on Thursday assigned a provisional (P)Baa1 senior unsecured issuance rating to the proposed USD-denominated global notes that will be issued by the government of the sultanate of Oman. "Moody's expects to remove …
The Central Bank of Egypt - (Photo Credit: Arabianeye-Reuters)
18 February 11:20 PM CBE to issue EGP11.5bn treasury bills Sunday
Cairo-Mubasher: The Central Bank of Egypt (CBE) will issue on Sunday treasury bills worth EGP 11.5 billion, in coordination with the Ministry of Finance (MoF), to support the country's budget deficit. The treasury bills will be issued through two …
A Dubai Islamic Bank branch in the UAE (Photo Credit: Arabianeye-Reuters)
15 February 11:19 AM DIB lists new $1bn sukuk on Nasdaq Dubai
Dubai – Mubasher: Nasdaq Dubai on Wednesday welcomed the listing of a $1 billion USD-denominated sukuk by Dubai Islamic Bank (DIB) on the region’s international exchange. This listing brings the UAE’s largest Islamic bank’s current sukuk listing …
Burgan Bank headquarters in Kuwait (Photo Credit: Arabianeye-Reuters)
13 February 11:04 AM Capital Intelligence maintains ‘BBB’ rating for Kuwait’s Burgan
Kuwait – Mubasher: Capital Intelligence Ratings (CI) recently affirmed its ‘BBB’ rating for Burgan Bank's KWD 100 million Subordinated Bond (Basel III compliant). CI also maintained its stable outlook for the bond issuance, according to a …
Photo Credit: Arabianeye-Reuters
8 February 09:47 AM Kuwait’s KIPCO to issue US dollar-bonds
Mubasher: Kuwait Projects Holding (KIPCO) will start the promoting offer for issuing $500 million worth bonds outside Kuwait, with maturity of 10 years. This issue will be will be part of KIPCO’s existing $3 billion-euro medium term note program …
(Photo Archive)
5 February 03:46 PM Ahli Bank to repay OMR35m bonds
Mubasher: Ahli Bank has set Monday 6 February to begin exercising the call option of unsecured, non-convertible subordinated bonds worth OMR 35 million and issued on 16th December 2010. The Bank will be transferring the total amount, the face …
The sukuk is subject to tier 1 for increasing the capital (Photo Credit: Arabianeye-Reuters)
26 January 01:39 PM CMA approves sukuk issuance for Warba Bank
Mubasher: The Capital Markets Authority (CMA) has given approval for Warba Bank’s prospectus for issuing and marketing perpetual sukuk worth $250 million or less inside Kuwait. The sukuk is subject to tier 1 for increasing the capital, based on …