| Qatar has received strong investor demand for its planned dual-tranche Islamic bond, or sukuk, fuelled by the state’s initial price guidance, bankers said. Aggregate firm orders have topped $7.5bn, split roughly equally between the two tranches, one banker said.
Qatar earlier yesterday said initial profit guidance for the five-year tranche was around 135 basis points over midswaps, while for the 10-year tranche it was in the area of 175 basis points over midswaps...............................................Full Article: Source
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