Monday 05, December 2016 by

Islamic Development Bank prices $1.25 billion Sukuk issuance

The Islamic Development Bank (IsDB) has successfully priced a $1.25 billion, five-year Trust Certificates (Sukuk) under its $25 billion Trust Certificate Issuance Programme. The Sukuk was priced at par at 2.263 per cent, to be payable on semi-annual basis.

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