Islamic Bond Issuance - What Sovereign Debt Managers Need to Know
( IMF Policy Discussion Papers )
Publication series ： IMF Policy Discussion Papers
Author： Mr. Amadou N. R. Sy Mr. Peter Kunzel Mr. Paul S. Mills Andreas Jobst
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2008
E-ISBN: 9781455257713
P-ISBN(Paperback): 9781451946024
Subject： F831.5 金融市场
Keyword： Debt management,Islamic banking,Sovereign debt
Language： ENG
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Description
Recent years have witnessed a surge in the issuance of Islamic capital market securities (sukuk) by corporates and public sector entities amid growing demand for alternative investments. As the sukuk market continues to develop, new challenges and opportunities for sovereign debt managers and capital market development arise. This paper reviews the key developments in the sukuk market and informs the debate about challenges and opportunities going forward.