DUBAI, March 7 (Reuters) - The Islamic Development Bank
has received $1.4 billion in orders for U.S. dollar-denominated
five-year Islamic bonds it is marketing, a bank document showed
on Tuesday.
Price guidance for the sukuk was around 57 basis points over
secured overnight financing rate mid-swaps, the document seen by
Reuters showed. The deal is expected to close later on Tuesday.
(Reporting by Yousef Saba; Editing by Andrew Heavens)
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