Britain’s Debt Management Office said on
Monday it was inviting banks to join a syndicate for the country’s second sale
of sovereign sukuk or Islamic bond.
Britain became the first Western country to
issue an Islamic bond in 2014, raising 200 million pounds ($260 million)from a
five-year deal that was 10 times oversubscribed.
The DMO also
said it would hold a tender for the sale of 250 million pounds worth of the
0.125% 2048 index-linked gilt on Jan. 23 and would bring forward the auction of
the 0.125% 2028 index-linked gilt by a week to March 5.