Initial price guidance was around 135 bpsundefinedfor the six-year sukuk
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DUBAI - Saudi Arabia received on Tuesday more than $7.5 billion in orders for six-year Islamic bonds and over $9 billion in orders for 10-year conventional bonds, a bank document showed.
Initial price guidance was around 135 basis points (bps) over U.S. Treasuries (UST) for the six-year sukuk and around 180 bps over UST for the 10-year bonds. They are expected to price later on Tuesday.
(Reporting by Yousef Saba)
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