#bond

Aramco turns to bonds to help fund $75bn dividend

The yield on Aramco’s $3bn of bonds due in 2029 has dropped to 2.09 per cent from 3.04 per cent at the start of the year

Tabreed

UAE’s Tabreed issues new $500m 7-year bond

The bond has been rated Baa3 by Moody’s and BBB by Fitch

Abu Dhabi issues $5bn multi-tranche, 50-year bond

The 50-year tranche is the longest term for a bond issued by a GCC sovereign issuer

Dubai’s Emirates NBD lists $750m bond on Nasdaq Dubai

The perpetual bond is callable after six years and pays a coupon of 6.125 per cent

Abu Dhabi City United Arab Emirates

Abu Dhabi offers more bonds to stockpile cash

The fall in oil prices has put a strain on the finances of Middle Eastern energy-producing countries