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Govt fails again in sukuk auction on inflation fears

Published: 06/03/2013 05:25:01 AM GMT
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The Finance Ministry's debt management failed to meet its target in the offering of Islamic bonds (sukuk) on Tuesday, the second time since mid February, as investors demanded yields higher than the government's offer due to accelerating inflation. (more)

The Finance Ministry's debt management failed to meet its target in the offering of Islamic bonds (sukuk) on Tuesday, the second time since mid February, as investors demanded yields higher than the government's offer due to accelerating inflation.

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