Wednesday 02, April 2014 by Matthew Amlôt

FGB closes inaugural ‘Kangaroo’ five year bond

First Gulf Bank (FGB) has concluded the issuance of AUD 250 million ($228.35 million) for its debut ‘Kangaroo’ five year bond. The transaction took place on March 24th, registering a final price for the bonds at 155 basis points above interpolated midswaps (bps). The bonds are set to mature on April 1, 2019.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more