Sovereign wealth
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Ministry of Finance announces opening of subscription and pricing for UAE’s inaugural Sovereign Retail T-Sukuk programme
Approved channels include Dubai Financial Market’s Subscription platform, DFM app, iVestor app, and the digital channels of the receiving banks The issuance size is AED 50 million, with a minimum subscription amount of AED 1,000 Two-year tenor with a profit rate of 4.30% per annum Profit payable every six months…
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Source: Ministry of Finance