Wednesday, 24 October 2018

Oman starts marketing dollar sukuk -IFR | ZAWYA MENA Edition

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.

No comments:

Post a Comment