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UK sovereign Sukuk priced

  • The UK Debt Management Office announces the successful launch of GBP 500mlnof UK Sovereign Sukuk, maturing on 22 July 2026 (ISIN code XS2317288996).
  • The profit rate on the Sukuk has been set at 0.333%, being a spread of 0 bps relative to that of the 1 1/2% July 2026 reference gilt, and the price set at GBP100.00.
  • Settlement of all allocations will be on 1 April 2021.
Source: DMO

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