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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Emerging Trends more

Dewa bond reopens debt market

Posted on 26 April 2010

From Gulfnews.com: The UAE’s corporate bond issuance market that went into hibernation after the Dubai Government announced a standstill on Dubai World’s debts in November is seen getting a new lease of life following the successful $1 billion (Dh3.67 billion) bond issue by Dubai Water and Electricity Authority (Dewa).

Investment bankers and bond market analysts see signs of a gradual revival in the corporate bond market in the UAE and the Gulf region that had been stalled for over five months…………………………………..Full Article: Source

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