03-10-2024
Dukhan Bank rated A2 by Moody’s (stable outlook) and A by Fitch (stable outlook), has successfully issued a USD 800 million Sukuk with a profit rate of 4.56% (equivalent to a credit spread of 100 basis points over the 5-year US treasury rate), with a maturity of 5 years.
The Sukuk was issued under the Issuer’s USD 2 billion Trust Certificate Issuance Programme (“the programme”) that is listed on the London Stock Exchange.