IsDB grabs record $1bn sukuk, others falter

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IsDB grabs record $1bn sukuk, others falter

The Islamic Development Bank priced its largest ever sukuk this week at its tightest ever price — and with what leads said was its biggest and highest quality order book. The $1bn five year also prevailed in a week in which the rest of the EM new issue market was shuttered due to global volatility.

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