UAE issues law on issuance of sovereign bonds

13 Oct

The President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued a new law allowing federal government to issue sovereign bonds, says a tweet by the Ministry of Finance. This initiative will help the central bank manage liquidity in the market and better manage public debt. Several of the seven emirates in the UAE already sell bonds in international markets....READ MORE

* The email will not be published on the website.