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Prospect News home > News index > List of issuers I > Headlines for Islamic Development Bank > News item
Published on 9/1/2009 in the Prospect News Emerging Markets Daily.

Islamic Development Bank to issue bonds

By Jason Park

New York, Sept. 1 - The Islamic Development Bank is working on a new bond deal, according to a market source.

BNP Paribas, Deutsche Bank and HSBC have been named to manage the offering.

Further terms of the deal have not been announced yet, the source added.

Islamic Development Bank is a financial institution created to help economic development in its 56 member countries. It is based in Jeddah, Saudi Arabia.


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