DUBAI, Oct 12 (Reuters) - The Jeddah-based Islamic
Development Bank has given initial price guidance of around 30
basis points over mid-swaps for five-year U.S.
dollar-denominated sukuk, or Islamic bond, a bank document
showed on Tuesday.
Credit Agricole, First Abu Dhabi Bank,
HSBC, the Islamic Corporation for the Development of
the Private Sector, JPMorgan, KFH Capital,
Natixis, SMBC Nikko and Standard Chartered are
taking indications of interest and the deal is expected to
launch on Wednesday, the document from one of the banks showed.
(Reporting by Yousef Saba; Editing by Kevin Liffey)