Comment & Analysis
Islamic Finance
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Boubyan Bank sets yield at 3.95pc for perpetual dollar sukuk
Kuwait's Boubyan Bank on Wednesday set the yield for US dollar-denominated Tier 1 Islamic bonds at 3.95% after receiving over $1.2 billion in orders, a bank document showed. It had given initial price guidance of around 4.25% for the sukuk, which are designed to be perpetual in nature, but can…
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