UAE sells US$3 billion in high-quality debt amid recession fears

Quick Summary

The oil-rich Persian Gulf nation on Thursday sold US$1.75 billion in 10-year bonds and US$1.25 billion in notes due in 2052.

The UAE flag at the Dubai International Financial Centre in Dubai, UAE.

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Article Details & Transparency

Author / Journalist: Bloomberg

Category: Business

Topics: International Centre Dubai Flag Financial

Source Website Secure: Yes (HTTPS)

Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

News Source URL: scmp.com

Readership Location: Hong Kong

Published Date: 2022-06-24, 06:44:07

News Timezone: GMT +8:00

Language: English

Original Article Length: 24 words

Reading Duration: 1 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 480302

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About Publisher

Name: SCMP Business

Main Topics: Business

Official Website: scmp.com

Update Frequency: 10 posts per day

Last Update: 3h ago

Headquarters: Hong Kong

Coverage Areas: Hong Kong

Publication Owner: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

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Website Security: Secure (HTTPS)

Publisher ID: #163

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