30.06.2011 - UAE may issue sovereign bond in 2012
The United Arab Emirates may issue its first ever sovereign federal bond toward the end of 2012 after a public debt law is signed this summer, the financial affairs minister said. The UAE's top advisory council passed a new public debt bill in December with the aim of establishing a debt market in the world's No. 3 oil exporter. The legislation needs presidential approval before becoming law..............................................Full Article: Source
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