18.06.2012 - Islamic Development Bank issues guidance for sukuk
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
Print