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Islamic Development Bank issues US$1.25 billion Sukuk
This issuance is the Bank’s first benchmark public issuance in 2018. CIMB, Citi, Emirates NBD Capital, Gulf International Bank, HSBC, Natixis, SMBC Nikko and Standard Chartered Bank acted as the joint lead managers (JLMs) and joint book runners. The mandate was announced on February 28, 2018
  • The Islamic Development Bank has successfully priced a US$1.25 billion.
  • The Sukuk was priced at par at 3.10%, to be payable on semi-annual basis.

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Sukuk Name: Islamic Development Bank 2023
Type:
Issue Size: $1.25bn
Coupon Rate: 3.10%
Currency: USD
Date: 15 March 2018
Tenor: 5 years
Maturity: 15 March 2023
Exchange: Bursa Malaysia , London Stock Exchange , Nasdaq Dubai/DFM ,
Arrangers & Advisors: CIMB Islamic , Citigroup , Emirates NBD , Gulf International Bank , HSBC , Natixis , SMBC Nikko Capital Markets , Standard Chartered ,
Download: Prospectus, Offering Circular, Structure Document

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Using data from our exclusive Sukuk Database, the above Sukuk Chart can be used to view issued Sukuk based on their maturity and issued profit rates along with corresponding information covering issued amount and date as well as rating data. View and filter sukuk based on issued country and currency covering both short-term and long-term issuances as well as historic matured sukuk covering the past ten years.

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