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Dubai releases guidance on dual-tranche Sukuk

Posted on 25 April 2012

The government of Dubai has announced guidance on a US dollar dual-tranche sukuk at 5% area for a five-year tranche and 6.50% area for a 10-year.

The deal is Reg S only format and will be listed on the Dubai Financial Market. Citigroup, Dubai Islamic Bank, HSBC and NBAD are the lead managers. Timing is as soon as possible………………………………………..Full Article: Source

 
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