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Emirates Development Bank Rings Market-Opening Bell To Celebrate Listing Of USD 750 Million Bond On Nasdaq Dubai
EDB’s bond was the first ever issued by a UAE federal entity. The five-year instrument with a coupon of 3.516 per cent was nearly five times oversubscribed and was issued under the bank’s new three billion dollar Euro Medium Term Note (EMTN) programme. The listing supports EDB’s specialised activities aimed…
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