EFG-Hermes UAE Ltd

A narrowing yield gap may aid sukuk Yield on Abu Dhabi's

Wed, 2011-03-16 11:56 — newsdesk

In the oppinion of National Bank of Abu Dhabi and EFG-Hermes UAE Ltd, Abu Dhabi may find it cheaper to borrow with Islamic bonds than non-Sharia compliant securities.
Abu Dhabi government officials will meet fixed-income investors in Beijing, Hong Kong and Singapore. Standard Chartered is arranging the meetings and the sit-downs with investors aren't related to an immediate transaction.

Source:

http://gulfnews.com/business/banking/a-narrowing-yield-gap-may-aid-sukuk...

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