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Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?
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September 2005
The Bahrain Monetary Agency (BMA) launched a debut issue of six-month ijara sukuk (Islamic leasing bonds) in August, the first short-dated instrument to be available to Islamic investors.
The BMA has already issued a...
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