UAE’s emirates Islamic bank prices $500 million sukuk
Sukuk is EIB's second debt sale this year; Islamic bond priced at 310 bps over midswaps with 4.147 pct coupon; Tight pricing suggests strong demand for issue
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Sukuk is EIB's second debt sale this year; Islamic bond priced at 310 bps over midswaps with 4.147 pct coupon; Tight pricing suggests strong demand for issue
July 4, 2012 6:13Emirates NBD, Dubai's largest lender, is seeking approval from three government bodies to merge its two Islamic banking units, sources told Reuters on Monday.
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