UAE USD bond issue achieved strong results with oversubscription by 5 times
The Federal Government of the United Arab Emirates, represented by the Ministry of Finance, successfully closed its offering of a US dollar-denominated 10-years USD 1.5 billion bond maturing on September 2033, issued with a yield of 4.917 per cent representing a spread of 60 bps over US Treasuries. The bond will be listed on the London Stock Exchange (LSE) and Nasdaq Dubai.
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