First auction of UAE's federal treasury bonds gets Dh9.4 billion in bids, oversubscribed 6.3 times
Strong demand seen for two-year and three-year dirham bonds at AED 750 million each
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Strong demand seen for two-year and three-year dirham bonds at AED 750 million each
The launch of the Dh1.5 billion UAE T-Bond programme witnessed a strong demand through the six primary bank dealers and was oversubscription by 6.3 times.
The latest treasury bond issue comes in the wake of the first federal bond launched in October 2021 after the government passed a law in 2018 allowing the federal go...
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...
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 Dirham denominated Treasury Bonds