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Media ID: 55371515
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A Saudi man shows Saudi riyal banknotes at a money exchange shop in Riyadh. (Reuters)

Saudi Arabia Set to Raise $8 Billion in Debut Islamic Bond Sale

by Wael Mahdi | Apr 13, 2017 | Business

Khobar – Saudi Arabia will raise $8 billion (SAR30 billion) in its first global Islamic bond issue, with an order book from investors in excess of $33 billion (SAR123 billion). The government is selling the five-year sukuk tranche at 100 basis points over the...

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Middle-east Arab News Opinion | Asharq Al-awsat

Saudi Arabia Set to Raise $8 Billion in Debut Islamic Bond Sale

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