Islamic Finance
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Islamic Development Bank sets guidance for $1 bln sukuk
Islamic Development Bank, a Jeddah-based multilateral institution, set price guidance for a $1 billion Islamic bond sale on Tuesday, a statement from the lead banks arranging the issue showed. The AAA-rated bank, whose largest shareholder is Saudi Arabia, is offering a price guidance of midswaps plus high 30 basis points…
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Click here to read the full story: Reuters