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Nakheel issues bond guidance
- United Arab Emirates: Monday, April 28 - 2008 at 13:30
Nakheel has set its two-year Islamic bond price guidance. The developer set the guidance for up to $1bn of bonds at between 225 basis points and 250 basis points above the Emirates Interbank Offered Rate (EIBOR). Three-month EIBOR is at about 1.92%. There are 100 basis points in a percentage point.
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StaffMonday, April 28 - 2008 at 13:30 UAE local time (GMT+4)
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