DUBAI: The United Arab Emirates’ largest Islamic lender Dubai Islamic Bank has begun marketing a tap issue of its existing sukuk maturing in 2026, the media reported.
In its post on Tuesday, Reuters quoted a document saying the bank gave price guidance of around 250 bps over midswaps for the reopening of the sukuk issued earlier this month.
Under a bond tap, it added, an existing transaction is reopened for subscription, using the same documentation as before.
RANAO STAR PHILIPPINES
The Ranao Star 