Dubai bonds rally on investor confidenceDubai's sovereign bonds rallied this week, benefiting from good liquidity in the market as well as a rise of investor confidence in the high-flying emirate's ability to repay debts and sustain growth. Traders cited a general improv More… |
Dubai raises further $5bn in bond programmeThe government of Dubai raised a further $5 billion as part of a $20 billion bond programme launched this year, half of what was expected in the long-awaited issue. The $5 billion tranche was subscribed to by National Bank of Abu Dhabi and More… |