Qatar Islamic Bank sukuk offer received $6bn in bids

05 October 2010

Bankraised $750m last week by selling five-year bonds

Qatar Islamic Bank (QIB) has said its Islamic bonds offer has received $6bn in bids, Bloomberg has reported. QIB raised $750m last week by selling five-year bonds that were priced to yield 237.5 basis points above similar maturity midswap, according to terms of the offer.

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