Emirates News Agency - UAE launches Domestic Dirhams Treasury Bonds worth AED1.5 billion
ABU DHABI, 20th April, 2022 (WAM) -- The UAE, represented by the Ministry of Finance (MoF) as the Issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, 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 (circa US$400 million). Subject to market conditions, the first auction date to be held in May 2022 is expected to be announced soon, followed by a...