ICD reopens 2024s with room to tighten

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ICD reopens 2024s with room to tighten

Dubai Fotolia 230x150

Unrated issuer, Investment Corporation of Dubai is out with initial price thoughts of 4.15% area on a tap of its $300m 4.625% 2024 bonds, with analysts expecting a tightening of around 10bp in yield terms.

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