June 17, 2020 / 8:08 AM / 17 days ago

Islamic Development Bank markets 5-yr dollar sukuk - document

DUBAI, June 17 (Reuters) - Jeddah-based Islamic Development Bank began marketing five-year U.S. dollar-denominated sukuk on Wednesday, a document showed.

It gave an initial price guidance of 70 basis points over midswaps for the Islamic bonds, the document from one of the banks arranging the deal showed. The deal is expected to close on Thursday.

Reporting by Yousef Saba; Editing by Alex Richardson

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below