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Luxembourg's plan to issue an Islamic bond is back on track after a three month hiatus, with the government presenting a revised bill to the Council of State, a body which advises the national legislature.
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© Zawya.com
Luxembourg's plan to issue an Islamic bond is back on track after a three month hiatus, with the government presenting a revised bill to the Council of State, a body which advises the national legislature.
Copyright
© Zawya.com
Luxembourg's plan to issue an Islamic bond is back on track after a three month hiatus, with the government presenting a revised bill to the Council of State, a body which advises the national legislature.
Luxembourg's plan to issue an Islamic bond is back on track after a three month hiatus, with the government presenting a revised bill to the Council of State, a body which advises the national legislature.
KUALA LUMPUR, June 20 (Reuters) - Credit agency RAM Ratings said state-backed mortgage lender Cagamas Bhd CAGMAS.UL will issue 20 billion ringgit ($6.22 billion) in commercial paper and sukuk to refinance existing debt.The issue will refinance existing debt of 20 billion ringgit expiring June 25, RAM said in a ratings filing with the central bank late on Thursday, assigning Cagamas&aposs new progr