DUBAI: Saudi Arabia’s debut US dollar-denominated Islamic bond attracted more than US$17.5bil of investor orders as of Tuesday evening, people familiar with the matter said.
The government planned to sell the five-year sukuk in the 115 basis points area over mid-swaps and a 10-year tranche at a spread of about 155 basis points, the people said, asking not to be identified because the information is private.
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