Abu Dhabi to list government bonds on own exchange | GulfNews.com

Abu Dhabi to list government bonds on own exchange | GulfNews.com:

"Abu Dhabi’s government said it would list its bonds on its own Securities Exchange as well as in London, in a sign of growing competition among financial centres for the region’s business.
Many Gulf governments and companies have traditionally listed their bonds in London, because of its deep market and respected legal framework. Abu Dhabi government bonds currently outstanding have been quoted on the London Stock Exchange since 2009.
But the emirate’s Department of Finance (DOF) said on Thursday that it would now obtain dual listings for the bonds in Abu Dhabi, and expected the procedures to be completed soon."

'via Blog this'