Abu Dhabi Bond Sale Reflects Measures Towards Fiscal Consolidation

April 27, 2016   |   April 2016 Bond Updates
As low commodity prices strain the oil producing economies of the Gulf, the emirate of Abu Dhabi has sold $5 billion in bonds. The UAE?s federal government is likely to sell bonds on the international market this year, over and above the debt issued by individual emirates.

View more at: http://www.forbes.com/sites/riskmap/2016/04/26/abu-dhabi-bond-sale-reflects-measures-towards-fiscal-consolidation/
 
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