Sunday 24 June 2018
US Treasuries

Gulf attitude to US govt debt 'unchanged'

Gulf central banks still regard US Treasuries as a safe investment and the UAE may consider diversifying reserves to include China's yuan, the UAE central bank governor said on Wednesday. Gulf states, which mostly peg their currencies


Mubadala launches $1.75bn two-tranche bond-lead

Mubadala Development, an Abu Dhabi government investment fund, has launched a $1.75 billion two-tranche bond, an official at one of the lead managers said. The $1.25 billion five-year tranche will give a yield of 395 basis points (bps) ove

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