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Abu Dhabi sells $7 billion worth of bonds
April 20, 2020

Abu Dhabi sells $7 billion worth of bonds

Abu Dhabi yesterday informed about selling $7 billion worth of bonds in the third major sale this month, aimed at countering declining oil prices. The transaction contained three tranches: a $2 billion five-year tranche, a $2 billion 10-year segment, and the third tranche of $3 billion aging after 30 years. Recently, Saudi Arabia raised $7 billion in a bond sale, while Qatar sold-out $10 billion worth of bonds.

   Read More About : Oil Prices Qatar Saudi Arabia UAE Abu Dhabi
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