20.10.2010 - IDB Sukuk said to yield up to 50 points over midswap
From Bloomberg: slamic Development Bankís five-year Islamic bonds may be priced to yield between 40 basis points and 50 basis points more than the benchmark midswap rate, three people familiar with the plan said. The dollar-denominated sukuk may be priced tomorrow, said two of the people, who declined to be identified as the terms of the deal arenít set. CIMB Holdings Bhd.,Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc are managing the sale, two people familiar with the plan said Oct. 4..............................................Full Article: Source
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