QIB sukuk finds global demand, rallies in secondaries

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QIB sukuk finds global demand, rallies in secondaries

Qatar Islamic Bank’s $750m five year sukuk has traded up in secondary markets since it was priced on Wednesday, further underscoring the demand for the deal that saw it pull in a $6bn order book. Having been issued at par, the paper was quoted up at 100.30/100.45 on Thursday.

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