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UAE Bonds Reap Benefits of Fuel Subsidy Halt
The yield on bonds of Abu Dhabi has decreased four basis points since 22 July OPEC’s third-biggest oil producer just ended fuel subsidies and investors are rewarding the move While the average yield on developing-country debt has increased 13 basis points since the 22 July announcement of fuel-price deregulation in…
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Click here to read the full story: Bloomberg Businessweek