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Asharq Al-Awsat
Asharq Al-Awsat
Business
Dubai - Asharq Al-Awsat

UAE Issues $400 Million Domestic Treasury Bonds in Dirhams

The UAE Ministry of Finance is working to build a local bond market and provide safe investment alternatives for local and foreign investors (WAM)

The UAE has announced the launch of conventional AED denominated Treasury Bonds of the Government of the UAE (T-Bonds), with benchmark auction size of AED1.5 billion ($400 million).

This was conducted through the Ministry of Finance (MoF) as the Issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent.

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