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Form N-CSR DEUTSCHE DWS SECURITIES For: Jun 30

Form N-CSR DEUTSCHE DWS SECURITIES For: Jun 30
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Emirates News Agency - Dubai Islamic Bank prices US$1 billion Sustainable Sukuk

DUBAI, 13th February, 2023 (WAM) Dubai Islamic Bank (DIB) has successfully priced its second Sustainable Sukuk – a landmark US$1 billion 5.5-year senior issue with a profit rate of 4.80 percent per annum, representing a spread of 102.4 bps over 5-Year US Treasuries.The Sukuk was issued in line with DIB’s Sustainable Finance Framework, which was created to facilitate financing of green and social initiatives and projects. This deal achieved several landmarks including the largest issuance by a Middle East financial institution in the international. ....

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