The policy will act as a forerunner before the approval of a public debt law, paving the way for the country's first federal government bonds.
Borrowing would be managed by a federal debt office being set up by the ministry.
Friday, 24 February 2012
Federal bond strategy one step closer - The National
A long-awaited strategy on how the UAE will issue federal bonds will be submitted to the Cabinet for approval within two weeks, a senior Ministry of Finance official says.
The policy will act as a forerunner before the approval of a public debt law, paving the way for the country's first federal government bonds.
Borrowing would be managed by a federal debt office being set up by the ministry.
The policy will act as a forerunner before the approval of a public debt law, paving the way for the country's first federal government bonds.
Borrowing would be managed by a federal debt office being set up by the ministry.
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