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Emerging MarketsEM Middle East

Dubai raises $2bn after six years out of the market

AdobeStock_Dubai_575x375_03Sept2020

The Emirate of Dubai surpassed expectations on its return to the bond market six years after its last issuance, with the sukuk tranche of its dual trade gaining notable traction. The borrower is the third Emirate to enter debt markets since the coronavirus crisis began.

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