- Dubai, UAE - The UAE's $1.5 billion bond issue saw five times oversubscription, attracting over $7.4 billion in bids, the Ministry of Finance announced on Monday. The 10-year bond, with a yield of 4.917%, will list on the London Stock Exchange and Nasdaq Dubai, maturing in September 2033. The allocation...
Emirates Development Bank’s $750 million bond issue subscribed 4 times
EDB rated ‘AA-’ by S&P Global Ratings and Fitch with Outlook Stable The bond issue was subscribed 4 times, resulting in the order book reaching over US$3 billion Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, has successfully closed its $750...



