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Aramco attracts strong demand for Islamic bond sale
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Aramco attracts strong demand for Islamic bond sale
Saudi Aramco, the world’s biggest oil company, attracted significant demand for its Islamic bond sale on Wednesday, as investors appeared unperturbed by an Israeli attack on neighbouring Qatar just 24 hours earlier. Order books for the two-part Islamic bonds, or sukuk, stood at more than $16.5 billion at around 12:15 GMT, fixed income publication IFR reported, with pricing expected later in the day. Saudi Aramco did not immediately respond to a …
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