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Emirates News Agency - Dubai Government repays AED4 billion worth of Sukuk

DUBAI, 20th February, 2023 (WAM) The Public Debt Management Office (DMO) of the Government of Dubai’s Department of Finance (DOF) announced the redemption of US$750 million (approximately AED2.755 billion) worth of Trust Certificates (Sukuk) issued on 30th January 2013, under the Trust Certificate Issuance Programme (Sukuk Programme).The Government also prepaid an additional US$300 million (approximately AED 1.1 billion) of Sukuk through an early redemption, almost four years ahead of its maturity in November 2026.The Public Debt Management Office announced that the Dubai Government has.

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