2014 sukuk bonds volume up 9.5% YTD globally to US$21.8 billion

Thanks a lot to Hong Kong.

Hong Kong raised US$1 billion in its debut Islamic bond issue bringing 2014 sukuk bonds volume globally to US$21.8 billion, up 9.5% YTD.

According to data from Thomson Reuters, the deal is the fourth largest Islamic bond this year.

Leading the deal are IDB Trust Services Ltd. from Saudi Arabia with US$1.5 billion; PPSI-III from Indonesia, with US$1.5 billion; and TNB Western Energy Berhad from Malaysia, with US$1.096 billion.

Meanwhile, data also show that the top issuer by nation in 2014 YTD is Malaysiam with 44 issues amounting to 57.6 market share and 2014 YTD proceeds of US$12.541 billion.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

DBS faces credit cost spike on Autobahn exposure
Singapore largest bank holds an estimated S$102.6m in loan exposure to the car leasing firm
BOCHK capitalisation strong but property risks remain
Fee income and treasury income will support its profitability through mid-2027.
Retail Banking
PAObank uses PCS to replace traditional freight documentation
PAObank is the first digital bank to participate in the commercial data interchange initiative.