Tuesday 5 November 2024
 
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Euro Medium Term Note

Dubai mulls 5-year put option on bond

Dubai's government, buoyed by returning investor sentiment and the falling cost of borrowing international capital, is trying to lure investors with a potential 10-year dollar bond with a five-year put option, banking sources said on Tuesday.

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Dubai sets up new $5bn bond programme

Dubai, which is planning a benchmark sovereign dollar issue in coming days as it seeks to bridge a budget deficit, has set up a new $5 billion Euro Medium Term Note (EMTN) programme. The emirate has hired Mitsubishi UFJ Securities, Standar

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Mashreqbank increases EMTN limit to $5bn

Mashreqbank, Dubai's largest lender by market value, approved the increase of the limit of its euro medium term note (EMTN) programme to $5 billion from $2 billion, a statement on the bourse website said on Monday. The decision is subj

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NBAD to meet with investors

National Bank of Abu Dhabi (NBAD) has hired several banks to arrange meetings with fixed-income investors in Europe, Asia and the UAE during the first week of September. The Abu-Dhabi based bank said it recently updated its Euro Medium Ter

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