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Kuwait's Boubyan Bank to sell $750 mln 5-yr sukuk

Kuwait’s Boubyan Bank plans to sell $750 million in five-year sukuk, or Islamic bonds, at 120 basis points (bps) over mid-swaps, a document showed on Tuesday. The debt sale, which is expected to close later on Tuesday, garnered over $4.3 billion in orders, the document by one of the banks…

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