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DUBAI, May 16 (Reuters) - Qatar Islamic Bank
QISB.QA
(QIB), the Gulf state's largest Islamic lender by assets, has set at 135 basis points (bps) over mid-swaps the final spread for its planned five-year dollar sukuk, a document issued by one of the leading banks and seen by Reuters showed on Tuesday.
Initial price guidance was released earlier in the day at 145-155 bps over mid-swaps, before being tightened to 140-145 bps over the benchmark.
Order books for the senior unsecured Islamic bond, part of a $3 billion sukuk programme, topped $2.1 billion, the document showed.
(Reporting by Davide Barbuscia; Editing by Mark Potter) ((Davide.Barbuscia@thomsonreuters.com;))
Initial price guidance was released earlier in the day at 145-155 bps over mid-swaps, before being tightened to 140-145 bps over the benchmark.
Order books for the senior unsecured Islamic bond, part of a $3 billion sukuk programme, topped $2.1 billion, the document showed.
(Reporting by Davide Barbuscia; Editing by Mark Potter) ((Davide.Barbuscia@thomsonreuters.com;))