Abu Dhabi, Dubai CDS drop; reflects fiscal resilience, says CBUAE
Credit Default Swaps for the government of Abu Dhabi have decreased from 44 basis points (bps) in December 2023 to 40 bps in March this year, indicating strong confidence in the emirate’s fiscal health and economic resilience. This finding was published in the Central Bank of the UAE’s (CBUAE) Quarterly…
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