20.06.2012 - Islamic Development Bank prices $800 mln 5-year sukuk
Saudi-based Islamic Development Bank (IDB) priced an $800 million five-year sharia-compliant bond, or sukuk, on Tuesday, lead arrangers said, in its first public debt issuance in over a year. The size of the sukuk was increased to $800 million from $750 million at launch, indicating string demand for the sale, and the issue carries a profit rate of 1.357 percent...............................................Full Article: Source
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