Bonds

22 May 12:02 PM Kuwait C.bank issues KWD 240m bonds
Mubasher: The Central Bank of Kuwait (CBK) issued bonds and securities at a total value of KWD 240 million ($795 million), according to a recent statement. The bonds issue has maturity period of six months to end on 20 November, with a return of …
The issuance of international sukuk is growing
21 May 04:57 PM Sukuk prices defy changes in oil
By: Amr Fouad Dubai – Mubasher: Sukuk issues are usually oversubscribed due to the increased demand from Islamic financial institutions, wealthy Muslims, and investors in general. Sukuk are the investment of the future and a strong rival to bonds, …
Egypt issues EGP 2.75bn T-bonds Monday
21 May 11:00 AM Egypt issues EGP 2.75bn T-bonds Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bonds (T-bonds) worth EGP 2.75 billion on Monday on behalf of the Ministry of Finance (MOF). The first tranche of T-bills will be offered through five-year notes at EGP 1.5 …
The UAE’s US Treasury holdings declined about 6% YoY
16 May 06:12 PM UAE raises holdings of US treasuries in March
Abu Dhabi – Mubasher: The UAE has upped its US Treasury holdings by 2.9%, or $1.7 billion, month-on-month to $59.2 billion in March. Meanwhile, the GCC nation’s US Treasury holdings declined about 6% year-on-year, or $3.8 billion, in the third …
The bonds varied as $33.97 billion on a long-term basis
16 May 04:06 PM Kuwait’s US Treasury holdings rise 1.65% in March
Mubasher: Kuwait’s holdings of the US Treasury bonds increased by 1.65% or $600 million in March when compared to February 2018. The Gulf country’s holdings of the US Treasuries grew to $36.9 billion in March when compared to $36.3 billion in …
The bonds issue has a return of 2.25%
15 May 02:48 PM Kuwait C.bank sells KWD 160m bonds
Mubasher: The Central Bank of Kuwait (CBK) has sold the issuance of its KWD 160 million ($530.67 million) bonds and securities, according to a recent statement. The bonds issue has a return of 2.25%, while it will be matured in three months on 14 …
The bonds issue has a maturity period of three months
14 May 04:50 PM Kuwait C.bank issues KWD 160m bonds
Mubasher: The Central Bank of Kuwait (CBK) announced the issuance of bonds and securities valued at KWD 160 million ($530.67 million), according to a recent official statement by the bank. The bonds issue has a maturity period of three months with …
The bonds will be matured in three months
8 May 04:03 PM Kuwait C. bank issues KWD 240m bonds
Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities worth KWD 240 million ($796.01 million) with a return of 2.25%. The bonds will be matured in three months on 7 August, according to a recent official statement. The CBK …
The first tranche of T-bonds will be offered through five-year notes at EGP 1.5bn
7 May 10:24 AM Egypt issues EGP 2.75bn T-bonds Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bonds (T-bonds) worth EGP 2.75 billion on Monday on behalf of the Ministry of Finance (MOF). The first tranche of T-bonds will be offered through five-year notes at EGP 1.5 …
The CBE will launch $1.1 billion in T-bills next month
3 May 07:08 PM MoF to issue $1bn T-bills on 7 May - CBE
Cairo – Mubasher: The Central Bank of Egypt (CBE) said on Thursday that the Ministry of Finance (MoF) is planning to auction one-year $1.1-billion treasury bonds (T-bills) next month, Reuters reported. The dollar-denominated bonds, which will be …
The bond’s coupon rate amounts to 5.5% annually
3 May 05:04 PM ADX lists $100m 5-yr bonds by Maldives’ gov’t
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) has listed a $100 million sovereign bond issued by the Government of Maldives for the Abu Dhabi Fund for Development (ADFD). Listed through a private placement and denominated in US …
A Palm Hills project
3 May 12:26 PM Palm Hills, Sarwa Capital close EGP 261m bonds
Cairo – Mubasher: Palm Hills Developments (PHD) on Thursday announced the successful closure of its latest securitised bond issue with Sarwa Capital. The closed bonds are part of an EGP 346 million ($19.6 million) receivables portfolio of 232 …
The issuance was oversubscribed 7.1 times at a total demand value of KWD 1.7 billion
1 May 11:02 AM Kuwait C.bank sells KWD 240m bonds
Mubasher: The Central Bank of Kuwait (CBK) on Tuesday has sold bonds and securities at a value of KWD 240 million ($798.7 million) with a yield of 2.25%. The three-month bonds will mature on 24 July, according to recent data by the CBK. The …
Egypt issues EGP 3bn T-bonds Monday
30 April 11:19 AM Egypt issues EGP 3bn T-bonds Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bonds (T-bonds) worth EGP 3 billion on Monday on behalf of the Ministry of Finance (MOF). The first tranche of T-bills will be offered through three-year notes at EGP 1.75 …
26 April 04:04 PM FAB arranges AED 6.6bn bond issues
Abu Dhabi – Mubasher: First Abu Dhabi bank (FAB) has ranked six in Bloomberg’s list of the top bond issue arrangers in the Middle East and North Africa (MENA), with15 transactions, totalling AED 6.6 billion ($1.797 billion). Standard Chartered, a …
This amount will be paid in two tranches
26 April 11:58 AM Al Qudra’s shareholders OK AED 73m dividends; AED 300m bonds
Abu Dhabi – Mubasher: Al Qudra Holding’s ordinary general meeting (OGM) has approved the distribution of AED 72.8 million in cash dividends for 2017. The approved dividends account for 9% of the Abu Dhabi-listed company with the per-share dividend …
Meraas Leisure and Entertainment will issue AED 1.223 billion in bonds
26 April 11:51 AM DXB agrees to AED 1.2bn bond issue by Meraas
Dubai – Mubasher: DXB Entertainments has agreed to financing deal worth around AED 1.2 billion ($330 million) through convertible bonds. Meraas Holding will issue AED 12.35 million in bonds, while the AED 1.223 million in bonds will be issued by …
Burgan Bank redeems KWD 73m bonds
25 April 12:09 PM Burgan Bank redeems KWD 73m bonds
Mubasher: Burgan Bank on Wednesday announced redeeming bonds at a value of KWD 72.8 million of the Lower Tier 2 tranche.  The Lower Tier 2 tranche represents a high-cost financing source for the bank, Burgan said in a statement to Boursa Kuwait, …
Egypt issues EGP 2.75bn T-bonds Monday
23 April 11:06 AM Egypt issues EGP 2.75bn T-bonds Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bonds (T-bonds) worth EGP 2.75 billion on Monday on behalf of the Ministry of Finance (MOF). The first tranche of T-bills will be offered through five-year notes at EGP 1.5 …
These bonds will have a maturity of three months
17 April 04:30 PM Kuwait C.bank issues KWD 240m bonds
Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities worth KWD 240 million ($801.07 million). This bonds issue has a return of 2.25%, according to an official statement by the bank. The CBK noted that these bonds will have a …
Kuwait and Oman decreased their investments in the US Treasuries in February
17 April 01:26 PM GCC holdings of US Treasuries rise 3.5% in February
Mubasher: The GCC’s holdings of the US Treasuries rose 3.5% month-on-month in February 2018, compared to a month earlier. The GCC states’ investment in the US government bonds increased to $257.45 billion in the second month of 20118 versus …
The IPG was decreased to 165 bps
17 April 11:31 AM TAQA to issue $1.75bn two-tranche bonds
Abu Dhabi – Mubasher:  Abu Dhabi National Energy Company (TAQA) is set to issue a $1.75 billion (AED 6.43 billion) bonds split into a 7-year $750 million tranche and a 12-year $1 billion tranche. The planned bond sale is aimed at redeeming an …
China is the top holder of US Treasuries with $1176.7 trillion
17 April 10:03 AM Saudi raises US Treasury holdings to $151bn in February
Riyadh – Mubasher: Saudi Arabia raised its holdings of US Treasury bonds by 29.3% year-on-year or $34.2 billion in February 2018. The kingdom’s holdings of US government bonds reached $150.9 billion in the second month of 2018, up from $116.7 …
Egypt issues EGP 3bn T-bonds Monday
16 April 10:34 AM Egypt issues EGP 3bn T-bonds Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bonds (T-bonds) worth EGP 3 billion on Monday on behalf of the Ministry of Finance (MOF). The first tranche of T-bonds will be offered through three-year notes at EGP 1.75 …
Qatar sold $3 billion of five-year notes at a yield of 135 basis points
15 April 04:17 PM Qatar’s dollar bond sale receives $52bn in bids
Mubasher: Qatar has successfully issued its first dollar-denominated bond sale after a two-year pause, the finance ministry said on Sunday. On Thursday 12 April, the world's richest country per capita raised $12 billion, marking the biggest …