Hedge Funds & Alternative Investments
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Issuers Shrug Off Geopolitical Risk as Investors Pile into GCC Bonds, Sukuk
It has been a busy week for GCC issuers. The UAE’s First Abu Dhabi Bank hit the market earlier this week to place USD500mn in sukuk maturing 2025, paying a coupon of 2.5%, with books opening and closing within just a matter of hours. Bahraini sovereign wealth fund Mumtalakat sold…
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