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Kuwait's Boubyan Bank starts marketing 5-yr dollar sukuk
Kuwait's Boubyan Bank BOUK.KW has started marketing five-year U.S. dollar-denominated sukuk, or Islamic bonds, at around 150 basis points (bps) over mid-swaps, a document showed. HSBC and Standard Chartered were hired as joint global coordinators for the deal. Bank ABC, Boubyan Capital, First Abu Dhabi Bank, Islamic Corporation for the…
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