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Oman sells $500m six-year sukuk

Oman's government has sold a $500 million six-year sukuk in a private placement, a document from the lead manager showed on Wednesday. The sukuk's profit rate is 3.5 per cent and the Ijara-structured instrument will be repaid in three equal instalments after four, five and six years, according to the…

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Click here to read the full story: GDN Online

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