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/ |