Islamic Finance 

Turkey to issue euro-denominated sukuk with two-year maturity

| 05 February, 2019
Turkey to issue euro-denominated sukuk with two-year maturity
Photo for illustrative purposes only. FILE PHOTO: Two<span class="highlight" data-qa-component="highlight-text"> Euro </span>coins are seen after being minted in the Austrian Mint (Muenze Oesterreich) headquarters in Vienna June 20, 2013. REUTERS/Leonhard Foeger/File Photo

ISTANBUL, Feb 5 (Reuters) - Turkey will issue a euro-denominated sukuk on Wednesday, the treasury said.

The sukuk will have a 6-month periodic rent rate of 1.45 percent and will mature on Feb. 5, 2021, it said.

(Reporting by Ali Kucukgocmen and Ezgi Erkoyun Editing by Dominic Evans)

© Thomson Reuters 2019 All rights reserved

Like 

MORE INTERESTING TOPICS