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Islamic Development Bank set to raise $1.10bln in euro green sukuk
Jeddah-based Islamic Development Bank is set to raise 1 billion euro ($1.10 billion) through five-year "green" sukuk, or Islamic bonds, a document showed on Wednesday. The triple-A rated financial institution is offering investors 28 basis points over mid-swaps for the debt sale. Green bonds are a growing category of fixed-income…
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