Abu Dhabi achieves 'unprecedented' pricing on $3bn tap
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Emerging MarketsEM Middle East

Abu Dhabi achieves 'unprecedented' pricing on $3bn tap

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The Emirate of Abu Dhabi took full advantage of a ready and willing investor base on Tuesday looking for high quality emerging markets to buy in the coronavirus pandemic, driving down pricing on a triple tranche tap to levels that leads saw as 5bp inside the issuer's own curve.

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