RIYADH: In a bid to attract investments, the UAE Ministry of Finance has successfully closed its offering of $1.5 billion worth of 10-year US dollar-denominated bonds, set to mature in September 2023, as reported by the Emirates News Agency, also known as WAM.
The offering garnered substantial interest, with the order book quickly exceeding $7.4 billion. By the time the final guidance was released, the transaction was oversubscribed by five times, attracting strong demand from…
