null Egypt starts debut dollar sukuk sale
Egypt starts debut dollar sukuk sale
22 Feb 2023 | Wednesday Source: The National
Egypt has begun the sale of its first Islamic debt issuance, reportedly attracting strong demand.
The three-year Sharia-compliant bonds, known as sukuk, were expected to raise $1.5 billion and demand is believed to have topped $5.8 billion, excluding joint lead manager interest, according to a document reviewed by Bloomberg on Tuesday.