Industrial and Commercial Bank of China, the country's largest bank by assets, is due to price on Monday a benchmark-sized, five-year debut bond issued by its Dubai branch, a document from lead managers said.

The deal, rated A1 by Moody's, has garnered orders totalling close to $2.5 billion from investors so far, with Asian order books set to close at 1500 Hong Kong time, the document added.

Pricing guidance remains at around 145 basis points over US Treasuries.

ICBC picked Citigroup, Emirates NBD, National Bank of Abu Dhabi and itself to arrange the transaction. - Reuters