Oman mulls US dollar Sukuk sale

Muscat

The government of Oman could announce a plan to issue new US dollar-denominated Sukuk this week, reported Reuters.
Oman has borrowed extensively in the international markets over the past few years to finance state spending and development projects at a time of lower oil prices, with its latest venture into the foreign debt markets was a $6.5 billion conventional bond sold in January this year.—Agencies

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