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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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Sovereign will probably print the five-year sukuk on Tuesday
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Sukuk issuance from the company's corporates will stay low, however
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Sukuk issuance is very rare outside of the sovereign in Turkey
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Issuer's first Islamic issuance of 2024 takes over $2bn in demand