Qatar lender QIIB prices $700 mln 5-yr sukuk
DUBAI, Oct 11 (Reuters) - Qatar International Islamic Bank
priced a $700 million five-year sukuk on Thursday, at a profit rate of 2.688 percent.
HSBC Holdings , Standard Chartered and QNB Capital, a unit of Qatar National Bank were mandated bookrunners on the deal.
QIIB launched the sukuk earlier in the day at the lower end of revised price guidance, in a reflection of healthy demand for the deal.
Last week, Qatar Islamic Bank sold $750 million in a five-year sukuk at 2.5 percent.
(Reporting by Rachna Uppal; Editing by Dinesh Nair)
Keywords: QIIB SUKUK/