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Saudi Arabia said to plan $2.5bn sukuk issuance

Saudi Arabia is seeking to raise $2.5 billion of Islamic bonds as the world’s biggest oil exporter takes advantage of borrowing costs that are around the lowest in four years. The kingdom’s government set initial price guidance for a 10-year sukuk at between 145 basis points and 150 basis points…

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Click here to read the full story: Arabian Business

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