DUBAI- Turkey sold $2.5 billion in five-year sukuk on Tuesday after the Islamic bonds drew more than $9.3 billion in orders, a document detailing the transaction showed.

The Turkish government U.S. dollar-denominated sukuk were sold at 5.125%, tightened from an initial price guidance of around 5.5%, the document from one of the banks on the deal showed.

Dubai Islamic Bank, Emirates NBD Capital, HSBC and Standard Chartered arranged the deal.

(Reporting by Yousef Saba; Editing by Alexander Smith and Alex Richardson) ((Yousef.Saba@thomsonreuters.com; +971562166204; https://twitter.com/YousefSaba))