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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

Islamic Development Bank issues guidance for sukuk

Posted on 18 June 2012

Islamic Development Bank has issued initial price guidance for a five-year benchmark-sized Islamic bond, or sukuk, issue, in what would be its first debt issuance for more than a year, a document from lead managers said on Friday.
The supranational, which is rated AAA by the three main rating agencies, is looking to price the deal in the range of 35-45 basis points over midswaps, the document said………………………………………..Full Article: Source

 
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