UK launches tender for second sukuk syndicate

By Burhan Khadbai
21 Jan 2020

The UK Debt Management Office and the UK Treasury have launched an invitation to tender for the appointment of syndicate banks to run the sovereign’s second sukuk, which is being planned for this year.

The closing date for the tender is 11pm UK time on January 28, after which telephone pitch calls will take place with shortlisted banks between February 3-7. The syndicate will be chosen in the week commencing February 10.

In November, the UK selected HSBC and Clifford Chance as ...

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