Buyers flock to park cash in FAB $1.1bn FRN
![Abu Dhabi_ Adobe Stock_ 230x150](https://assets.euromoneydigital.com/dims4/default/d9d137d/2147483647/strip/true/crop/230x153+0+0/resize/840x559!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F62%2F11%2F6fff443ca9bd5c039e1fc0610c49%2Fabu-dhabi-adobestock-230x150.jpg)
First Abu Dhabi Bank printed a rare three year floating rate note on Tuesday inside its fixed rate curve. Investors flocked to the deal as a “risk-free” way to park cash, according to a syndicate official on the deal.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: