Iran authorises issuance of sukuk securities to fund oil, gas projects – Shana

© Reuters. DUBAI (Reuters) – Iran authorised the issuance of sukuk securities to fund oil and projects, state-run energy news service Shana reported on Saturday. First Vice President Eshaq Jahangiri signed off on a decision that allows the energy and industry ministries to issue Islamic Sharia-compliant bonds in riyals or “hard currency”, it said. Disclaimer: […]

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Fed action pushes top-rated U.S. corporate bond issuance to record

© Reuters. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington By Joshua Franklin NEW YORK (Reuters) – U.S. companies raised a record $ 109.1 billion through investment-grade bond sales this week, as corporate America hoarded cash following measures unveiled on Monday by the Federal Reserve to backstop the market for […]

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