Middle East Economic Survey
VOL. LII
No 18
04-May-2009
UAE
Mubadala Bond Issue Follows Abu Dhabi Sovereign Paper
Abu Dhabi government-owned Mubadala Development Company issued a bond last week following the emirates successful tapping of the debt markets, when it issued sovereign paper in early April. Mubadalas $1.75bn five-year issue was priced 395 bps over treasuries, and the $500mn 10-year issue was priced at 462.5 bps over treasuries. This compares to the $1.5bn five-year sovereign, which...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!