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Emerging Markets

Bank Muscat seeks funding boost with EMTN and sukuk

Oman px230

Oman’s Bank Muscat, plans to expand its Euro Medium Term Note programme from $800m to $2bn as it seeks to issue another Eurobond. It also plans to raise funds through a Or500m ($1.3bn) sukuk programme with the possibility of international sukuk later on said a senior official at the bank.

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