Abu Dhabi and Jordan seek buyers of dollar bonds

Abu Dhabi and Jordan seek buyers of dollar bonds:

"Abu Dhabi and Jordan both launched 30-year dollar debt sales on Monday, becoming the latest Middle Eastern issuers to tap strong investor demand for a region that has borrowed record amounts on international markets this year. Abu Dhabi is selling dollar-denominated bonds split into maturities of five, 10 and 30 years while the kingdom of Jordan is selling a $1bn 30-year dollar bond at a yield of 7.5 per cent. Debt issuance from Middle Eastern countries has reached a record high in 2017 with $48bn of sales so far, not including this week’s business — surpassing the previous record of $37bn last year."



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