Qatar Islamic Bank markets five-year dollar sukuk

20/10/2020

Qatar Islamic Bank (QIB) has begun marketing a five-year U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Tuesday.

QIB gave initial price guidance of around 185 basis points over mid-swaps for the sukuk, according to the document from one of the banks arranging the deal, which is expected to close later on Tuesday.

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