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Sukuk.me: Gulf bonds to see further sell-off after US downgrade

07/08/2011 03:25:04 PM GMT   Comments ()     Add a comment   Print     E-mail to friend

The spread on HSBC/Nasdaq Dubai's Middle East bonds and sukuk index widened about 30 basis points in the last three days alone. Bids on Dubai's five year CDS widened to 340.67 basis points on Aug 5 from 321.67 points on Aug 1, Markit data showed. ...

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