IsDB $1.5bn sukuk 'should encourage sovereigns'
The Islamic Development Bank has taken advantage of pent up demand for sukuk, grabbing $1.5bn instead of $1bn and pricing inside guidance at 23bp over mid-swaps. The deal is a clarion call for the UK and Luxembourg to get on with issuing their own debut sukuks, said bankers.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: