Benin has issued an inaugural international Sukuk with a 7-year maturity, with a nominal amount of $500 million US dollars. The operation, announced through a press release dated January 22, 2026, makes the country the first African state in this market. This Sukuk has a Euro coupon of 4.92% thanks to a concurrent Dollar-Euro exchange…...
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Benin issues $500 million US dollars of international Sukuk, a first in Africa
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