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Dubai Bond Delayed, But Could Be Issued Next Month

Launch of the Dubai Governments planned Dh1.5bn ($410mn) five year bond failed to go ahead in January, but it could be rescheduled for next month, MEES understands. The bond, which is set to be launched locally, but is open to international participation, was delayed because the issuers wanted to assess the liquidity and appetite in the marketplace after Bahrain launched its five year $500mn bond on 24 January...