Fixed Income News

The issuance took place on 13 June
15 June 10:34 AM Kuwait central bank bonds oversubscribed 4 times
Kuwait – Mubasher: The Central Bank of Kuwait (CBK) on Wednesday issued securitisation bonds for KWD 175 million, with a duration of three months. These bonds were oversubscribed four times, with a return of 1.5%. The issuance took place on 13 …
The Central Bank of Bahrain
13 June 06:59 PM Bahrain’s Islamic leasing bonds oversubscribed
Mubasher: The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been over-subscribed by 148%, according to a statement issued on Tuesday. Subscriptions worth BHD 38.5 …
The company will issue OMR 44.61 million Sukuk
13 June 05:33 PM CMA approves Meethaq sukuk issuance hike
Mubasher: Meethaq Islamic Banking Company, a subsidiary of Bank Muscat, has obtained the approval of the Omani Capital Market Authority (CMA) to raise the volume of its Sukuk issuance to OMR 44.61 million. According to the bank’s statement to the …
The main index of Bahrain Bourse shed 0.13%
9 June 12:42 PM Bahrain Bourse down in week on services, banks
Mubasher: The main index of Bahrain Bourse shed 0.13% or 1.73 points to reach 1,323.47 points in the week ended 8 June. The services sector fell 0.89%, affected by Seef Properties which went down 0.83%. The commercial banks sector levlled down …
The Egyptian finance minister Amr El Garhy
3 June 01:06 PM Egypt’s Eurobonds return down 0.55%-0.85%
Cairo - Mubasher: The Egyptian minister of finance, Amr El Garhy, said that the additional $3 billion Eurobonds issuance recorded an interest slightly less by 0.55% to 0.85% compared to the one in January. El Garhy added on the sidelines of an …
The PMDI plant is one of 26 manufacturing units of the Sadara complex located in Jubail Industrial City II
1 June 09:51 AM Sadara starts commercial production of PMDI
Riyadh – Mubasher: Sadara Basic Services Company, 100% owned by Sadara Chemical Company, announced producing commercial quantities of on-specification liquid polymeric methylene diphenyl diisocyanate (PMDI). PMDI has a wide range of applications …
The Egyptian Ministry of Finance
24 May 10:07 PM Egypt to get $3bn from Eurobonds in May
Cairo - Mubasher: The Egyptian Ministry of Finance (MoF) said that it will raise $3 billion from Eurobonds sale by the end of May, as reported by Reuters on Wednesday. Finance minister, Amr El-Garhy said they have received demands with a total …
The Egyptian Ministry of Finance - (Photo Credit: Arabianeye-Reuters)
24 May 12:36 PM Egypt reopens door for int’l bonds subscription
Cairo - Mubasher: The head of the Debt Management department in the Egyptian Ministry of Finance (MoF) said that subscription for the USD international bonds has been opened. Samy Khallaf added in a phone call with Mubasher on Wednesday that …
Photo Credit: Arabianeye-Reuters
20 May 08:48 PM KSA to resume issuing debt instruments Q2/Q3-17
Riyadh - Mubasher: Saudi Arabia is expected to re-issue debt instruments in this quarter or the next, according to the minister of finance, Mohammed Al Jadaan. The minister added in a press conference on Saturday that addressing the budget deficit …
(Photo Credit: Company website)
18 May 01:13 PM Dana sukuk holders to negotiate debt restructuring
Abu Dhabi - Mubasher: A group of Dana Gas sukuk holders has appointed Moelis & Company investment bank and US legal firm Weil, Gotshal & Manges as a committee to negotiate debt restructuring, according to Reuters. Dana Gas had announced that it …
(Photo credit: Arabianeye - Reuters)
18 May 09:40 AM CBE to issue bills worth EGP 12.25bn Thursday
Cairo-Mubasher: The Central Bank of Egypt (CBE) will issue EGP 12.25 billion in treasury bills on Thursday, on behalf of the Ministry of Finance (MoF). The issue will be used to finance the country’s budget deficit, the bank said in a statement. …
The Egyptian Finance Minister, Amr El Garhy - (Photo Credit: Arabianeye-Reuters)
15 May 01:37 PM Egypt to issue $1.5-2bn Eurobonds next week
Cairo - Mubasher: Egypt will issue international bonds worth between $1.5 billion and $2 billion within the upcoming week, the Egyptian minister of finance Amr El-Garhy told Reuters on Monday. Last month, the Egyptian council of ministers approved …