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DBS clinches US$750m Khazanah bond deal

Investment fund's first unrated and unsecured US$ sukuk priced at 3.035%

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DBS BANK has scored a coup clinching Khazanah Nasional Berhad's first unrated and unsecured US dollar sukuk or Islamic bond deal, which is so far 2016's largest sukuk sale.

Singapore

DBS BANK has scored a coup clinching Khazanah Nasional Berhad's first unrated and unsecured US dollar sukuk or Islamic bond deal, which is so far 2016's largest sukuk sale.

It priced the five-year US$750 million bond for Malaysia's investment fund on Wednesday.

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