04.10.2012 - Qatar Islamic Bank raises $750 mln from sukuk sale
Qatar Islamic Bank, the Gulf Arab state's largest sharia-compliant lender, returned to global debt markets after two years with a $750 million Islamic bond sale on Wednesday, tapping into strong liquidity for regional issuers. The lender priced the five-year sukuk at a profit rate of 2.5 percent, and a spread of 175 basis points over midswaps, tighter than the earlier guidance after strong investor interest...............................................Full Article: Source
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