- The sukuk attracted $2.6 billion in orders, reflecting investor confidence in Sharjah’s creditworthiness
- Final pricing at 140 basis points over US Treasuries highlights the robust international interest
Bank of Sharjah served as a Joint Lead Manager in the successful issuance of a $750 million, 10.5-year US dollar-denominated sukuk (Shariah-compliant bond) for the UAE’s government of Sharjah, in collaboration with several local and international banks, according to Emirates News Agency.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
