REFILE-Abu Dhabi plans first dollar bond issue in two years - sources - Reuters:
Abu Dhabi plans to issue U.S. dollar-denominated bonds this year, three sources familiar with the matter said, its first since 2017, as the oil-rich emirate seeks to take advantage of low rates to offset the impact of falling oil prices.
The government has updated its bond programme documentation and plans to raise the financing before the end of the year, said one of the sources, adding that a bond deal of at least $1 billion was likely.
Abu Dhabi’s Department of Finance did not immediately respond to a request for comment.
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