Oman starts marketing dollar sukuk -IFR | ZAWYA MENA Edition:
The government of Oman has begun marketing a seven-year U.S. dollar-denominated sukuk, or Islamic bond, according to IFR, a fixed-income news service.
The paper is being marketed with initial price guidance of about 300 basis points over mid-swaps.
The sukuk will be of benchmark size, which generally means upwards of $500 million.
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