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IFC achieves tightest spread ever in sukuks

Issue: 1128 - 30 October 2009

The International Finance Corp (IFC) priced a $100m five year sukuk on Monday (October 26), achieving a tight spread of 15bp over mid-swaps, 25bp tighter than anything achieved to date in the sukuk market and around 10bp wider than where an IFC five year global would be priced. ..

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