Dubai starts marketing 10-yr sukuk, 30-yr bonds - document - Reuters - 1 minute read


DUBAI, Sept 2 (Reuters) - Dubai started marketing on Wednesday U.S. dollar-denominated 10-year sukuk, or Islamic bonds, and 30-year conventional bonds, a document showed.

The 10-year sukuk offered an initial guidance of around 250 basis points over mid-swaps, while the 30-year paper was marketed at around 4.375%.

The transaction is expected to close later on Wednesday.

Source: Reuters

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