- 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.
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