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Saudi Arabia's debut Islamic bond sale gets $17.5bn orders
Saudi Arabia’s debut dollar-denominated Islamic bond, which is due to price Wednesday, attracted more than $17.5 billion of investor orders as of Tuesday evening, people familiar with the matter said. The government plans to sell the five-year sukuk in the 115 basis points area over mid-swaps and a 10-year tranche…
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Click here to read the full story: Arabian Business