DUBAI, Feb 9 (Reuters) - Dubai Islamic Bank, the biggest
Islamic lender in the United Arab Emirates, has set the yield at
4.8% for a five-year sustainable sukuk for which orders topped
$3.2 billion, a bank document showed.
The sale of Islamic bonds is expected to price later on
Thursday.
(Reporting by Yousef Saba)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.