Wednesday bullets

• The Islamic Development Bank plans to sell $1 billion in sukuk to fund development projects. It also listed its RM1 billion sukuk medium-term note program on Bursa Malaysia under the exempt regime, which means it will not trade or be quoted on the exchange.
  
• Returns on sovereign sukuk are beating returns on corporate sukuk for the first time since May.
  
• CIMB Islamic expects $25 billion in sukuk issuance in 2010 compared with $20 billion in 2009. Bloomberg updated its list of sukuk sales.
  
• Abu Dhabi Islamic Bank signed a $300 million loan facility with Al-Jaber Energy Services.
  
• Dubai says it has no plans to request a rating from a rating agency or issue bonds. It currently has open a $2.5 billion Islamic medium-term note program and a $4 billion plan for conventional bonds.