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Dubai closes five-year sukuks
- United Arab Emirates: Thursday, October 29 - 2009 at 11:10
Dubai's five-year Islamic bonds book closed yesterday with the dollar tranche attracting $4.9bn and the dirhams tranche receiving Dhs5.4bn, Reuters has reported, citing a banker involved in the deal. The government of Dubai launched a $6.5bn bond plan last week, consisting of $4bn euro medium term notes and a $2.5bn Islamic bond programme.
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StaffThursday, October 29 - 2009 at 11:10 UAE local time (GMT+4)
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