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Dubai launches $1.25 bln two-part Islamic bond – leads
The Dubai government launched a $1.25 billion two-tranche Islamic bond on Wednesday, issue arrangers said, at the lower end of earlier indicated yield guidance, signalling healthy appetite for the emirate's latest debt market foray. Dubai launched a $600 million 5-year tranche at 4.9 percent and a $650 million 10-year tranche…
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Click here to read the full story: Reuters