Arab Today, arab today kuwait finance house global sukuk issuance hit 134bn in april
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Kuwait Finance House: Global sukuk issuance hit $13.4bn in April

Arab Today, arab today

Arab Today, arab today Kuwait Finance House: Global sukuk issuance hit $13.4bn in April

Kuwait - KUNA

 Kuwait Finance House (KFH) announced Friday the globalprimary sukuk market has begun 2Q 2014 on a solid footing as the month of Aprilhas produced a new issuances volume of more than USD 13.4 billion, making it thebest performing month in 2014 year-to-date (YTD).The bank said in a statement that the new sukuk issuances volume in April 2014exceeds the previous YTD high of USD 11.2 bln in March by almost 20 percent. The month saw a welcoming return of the Gulf Cooperation Council (GCC) sukukissuers who expanded their volume with issuances totalling more than USD four blnafter remaining largely absent in March when total GCC issuances amounted to lessthan USD 185 mln (excluding the Islamic Development Bank's USD 1.5 bln issuance), KFH added.Issuances by GCC based obligors helped shore up the share of corporate sukukswhich accounted for USD 2.4 bln of the total issuance volume in April, registering a65 percent increase compared to the USD 1.45 bln volume in March.However proportionately, the market continued to be heavily driven by thesovereign and quasi-sovereign issuers who collectively accounted for approximately82 percent of the issuance volume in April (Mar14: 87 percent). Overall, April 2014'svolume was the third most performing on a monthly basis over the last 12 months, it noted.Analysing YTD, 4M14's volume now amounts to USD 44.5 bln which is in fact 1.6percent higher than the USD 43.8 bln volume in 4M13. At such a rate, the prospectsare immensely bright and the global primary sukuk market is highly expected toonce again surpass the USD 100 bln mark in new sukuk issuances volume this year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait finance house global sukuk issuance hit 134bn in april Arab Today, arab today kuwait finance house global sukuk issuance hit 134bn in april

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait finance house global sukuk issuance hit 134bn in april Arab Today, arab today kuwait finance house global sukuk issuance hit 134bn in april

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday