SA’s debut sukuk to be at least $500m

JOHANNESBURG (Reuters) – The South African government plans to raise at least $500 million in its first issue of Islamic bonds, a Treasury official indicated on Thursday. “South Africa is looking to issue a benchmark-size sukuk and the tenor will be in line with other sukuk transactions in the market,” Tshepiso Moahloli, director of debt issuance and management, told … Read more