Monday 07, May 2012 by Robin Amlôt

DFM lists two Government of Dubai Sukuk worth $1.25 billion

Dubai Financial Market (DFM) HAS announced the listing of two Sukuk issues for the Government of Dubai. The first of the issues is a $600 million five year Sukuk with a maturity date of 2 May 2017, and a coupon of 4.90 per cent, while the second is a $650 million 10 year Sukuk with a maturity date of 2 May 2022, and a coupon of 6.45 per cent.

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