DUBAI, Sept 2 (Reuters) – Dubai started marketing on Wednesday U.S. dollar-denominated 10-year sukuk, or Islamic bonds, and 30-year conventional bonds, a document showed.
The 10-year sukuk offered an initial guidance of around 250 basis points over mid-swaps, while the 30-year paper was marketed at around 4.375%.
The transaction is expected to close later on Wednesday.
Reporting by Davide Barbuscia
Editing by Shri Navaratnam