29.10.2009 - Bond and beyond
From Oxfordbusinessgroup.com: Dubai's government is returning to the open bond market, unveiling plans to raise at least $6.5bn through a mix of conventional and sharia-compliant instruments, looking to bank on renewed investor interest and growing confidence in the emirate. On October 26, the Zawya Dow Jones news agency reported that the Dubai government had released a preliminary prospectus for a Euro Medium-Term Note (EMTN) programme to raise $4bn, with the funds to be used for infrastructure, financing and general budgetary purposes...........................Full Article: Source
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