Sunday, April 22, 2007

U.K. Considers Starting Islamic Government Bonds, Treasury's Balls to Say

(Bloomberg) -- The U.K. may offer its first-ever Islamic bonds aimed at bringing a larger share of the world's $250 billion Shariah-compliant financial markets to London.

The government's Debt Management Office and the Treasury will publish a study on the costs and benefits for such a bond by the autumn, Treasury Minister Ed Balls will say today.


Read more at Bloomberg Bonds News

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