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UAE raises $1.8bln in bids for Q3 2024 Islamic bonds

The UAE has attracted AED 6.76 billion ($1.8 billion) in bids for its bonds under the Q3 2024 sukuk programme. The Islamic Treasury Sukuk (T-Sukuk) offered a spread of 4.77% on the three-year tranche and 4.43% on the five-year tranche, according to the Ministry of Finance (MoF). The auction was…

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