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Sharjah sells $1.25 billion in bonds

The Emirate of Sharjah launched $1.25 billion in two-tranche bonds of 12- and 30-year paper on Wednesday, a document from one of the banks arranging the deal showed. It sold $750 million in 12-year notes at 3.625% and $500 million in 30-year bonds at 4.75% out of combined orders of…

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Click here to read the full story: Gulf News

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