Rates & Bonds

Bahrain-based Infracorp, an infrastructure fund spun out of asset manager GFH Financial Group , aims to issue around $800 million in perpetual green sukuk - Islamic bonds - in the first quarter, GFH's chief executive said on Monday.

The Polish zloty led central Europe higher on Monday, rising to a four-month peak versus the euro as the region kept up early-year gains amid expectations interest rates would continue to increase to counter surging inflation.

Cash-strapped Chinese developer Shimao Group has won approval from creditors to extend the payment deadline of a 450 million yuan $70.90 million) asset-backed security (ABS), one source with direct knowledge said on Monday.