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Saudi Aramco Raises $3 Billion via Sukuk (Islamic Bonds)

Saudi Arabia’s Aramco raised $3 billion through a sukuk issuance — split evenly between 5-year and 10-year tranches, offering yields of about 4.125% and 4.625% respectively. Despite regional geopolitical tensions, demand was strong: the order book exceeded $16.85 billion, with peak orders above $20 billion. Proceeds are for general corporate purposes.  

Source: Reuters

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