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Islamic Development Bank gets $1.7 billion via sukuk
18 Oct 2021 | Monday Source: Reuters
The Jeddah-based Islamic Development Bank on Wednesday sold $1.7 billion in five-year Islamic bonds at 25 basis points over mid-swaps, a bank document showed.
The multilateral development bank was expected to raise $1.5 billion through the sukuk sale, another document also from one of the banks on the deal showed earlier.
