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Liquidity House issues $400m bonds for RAK
- United Arab Emirates: Monday, August 03 - 2009 at 10:43
The government of the UAE emirate of Ras Al Khaimah has announced the signing of the second issuance of $400m bonds, run by Kuwait Finance House subsidiary, Liquidity House, Standard Chartered Bank and BNP Paribas, KUNA has reported. The second issuance is part of the government bond program worth $1bn, with the first issuance having taken place in mid-2008, Liquidity House said.
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