PIF starts selling sukuk, green bonds: Report

03/09/2024 Argaam

The Public Investment Fund (PIF) began receiving bids to purchase three-year sukuk and green bonds maturing in 2032, Reuters reported, citing a bank document.

 

The indicative price for selling the sukuk was set at about 110 basis points (bps) over US Treasury bonds and 135 bps over the same benchmark for $500 million green bonds, the report said.

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