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Rakbank prints speedy $500m as ME rush continues

By Francesca Young
19 Jun 2014

National Bank of Ras Al-Khaimah (Rakbank) sold a $500m 3.25% five year bond at 160bp over mid-swaps on Tuesday afternoon, going straight from the initial guidance of 170bp area to pricing. Order books reached $1.6bn at their close.

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By Francesca Young
19 Jun 2014