Saturday 19 April 2014
 
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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

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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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