DUBAI- Qatar's Commercial Bank has sold $500 million in five-year bonds at 175 basis points over midswaps, a document showed.
It began marketing the bonds at around 215 basis points over midswaps earlier on Tuesday, according to a document from one of the banks arranging the deal.
Commercial Bank received over $2.3 billion in orders for the deal.
ANZ, BofA Securities, Citi, Mizuho, Morgan Stanley, QNB Capital and Standard Chartered were hired to arrange the debt sale.
(Reporting by Yousef Saba; Editing by David Evans and Jan Harvey) ((Yousef.Saba@thomsonreuters.com; +971562166204))
