Sunday 13 July 2014
debt law

UAE sees first federal bond issue at around $1bn

The United Arab Emirates expects its first ever federal sovereign bond issue to be around $1 billion after a public debt law is approved, a senior finance ministry official on Tuesday was quoted as saying. The UAE's top advisory counc


UAE may issue sovereign bond in 2012

The United Arab Emirates may issue its first ever sovereign federal bond toward the end of 2012 after a public debt law is signed this summer, the financial affairs minister said. The UAE's top advisory council passed a new public debt bil

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