Arab Today, arab today uae rules out federal sovereign bond
Last Updated : GMT 05:28:49
Arab Today, arab today
Arab Today, arab today

UAE rules out federal sovereign bond

Arab Today, arab today

Arab Today, arab today UAE rules out federal sovereign bond

Dubai - Arabstoday

The United Arab Emirates is not planning to issue a sovereign bond over the next two years, Finance Minister Sheikh Hamdan bin Rashid al-Maktoum said on Tuesday. Other senior finance ministry officials had previously been quoted as saying the UAE\'s debut sovereign bond could come at the end of 2012 and be about $1 billion. Asked whether the country had any plans to issue a bond this year or in 2013, Sheikh Hamdan said: \"No, we don\'t have.\" He was speaking on the sidelines of an energy exhibition in Dubai

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