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Gulf Islamic borrowing costs poised for biggest monthly surge since May last year
Gulf Islamic borrowing costs are poised for their biggest monthly surge since May 2010 after $1.8bn in new sales and as Europe’s debt crisis deepened. The average yield on Islamic bonds in the six-nation Gulf Co-operation Council jumped 59 basis points in November to a seven-week high of 4.46% on…
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Click here to read the full story: Gulf Times