10 Financial institutions submit proposals for Eurobond issue

MG News | October 14, 2019 at 06:15 PM GMT+05:00

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October 14, 2019 (MLN): Financial institutions from various countries responded to the Ministry of Finance’s (MoF) request for proposal for the issue of Eurobond and Sukuks.

According to sources, the institutions were Dubai Islamic Bank, Bank of China, JPMorgan, Citibank, Credit Suisse, Emirates NBD, Deutsche Bank, China International Trust Investment Corporation (CITIC) and Industrial and Commercial Bank of China (ICBC).

The Ministry of Finance will make two consortiums, one each for Eurobond and Sukuk issue and determine the issue size at a future date.

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