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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Abu Dhabi plans no immediate bond issues

Posted on 15 September 2010

From Reuters: Abu Dhabi plans no immediate bond issues following its “non-deal” roadshows in several European countries this week, an official said on Tuesday, but analysts expect the emirate to tap the market in coming months.
State-owned National Bank of Abu Dhabi, the United Arab Emirates’ top bank by market value, is also meeting investors in Europe this week, IFR Markets reported. “It is a non-deal roadshow, a regular update we have been doing in the last two years, meeting investors,” the official at Abu Dhabi’s debt management office told Reuters on Tuesday……………………………………….Full Article: Source

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