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Dubai gov't plans to sell sukuk of at least $500m

The government of Dubai plans to sell a benchmark-sized, US dollar-denominated sukuk with a lifespan of 15 years on Tuesday, a document from lead managers said. Initial price thoughts on the Islamic bond have been set between 5 and 5.125 percent, the document said. Benchmark size is traditionally understood to…

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Click here to read the full story: Arabian Business

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