IsDB prices $1.5 bln five-year USD sukuk at SOFR spread
Islamic Development Bank priced a $1.5 billion five-year US dollar sukuk at 48 basis points over the five-year SOFR mid-swap rate after drawing more than $2.75 billion in orders.
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Islamic Development Bank priced a $1.5 billion five-year US dollar sukuk at 48 basis points over the five-year SOFR mid-swap rate after drawing more than $2.75 billion in orders.