Tuesday 5 November 2024
 
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Dubai bonds

Dubai bonds rally on investor confidence

Dubai'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

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Dubai raises further $5bn in bond programme

The 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

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