The dollar is hovering near a two-week low hit in the previous session, making greenback-priced gold cheaper for holders of overseas currency
The T-Sukuk auction will be followed by a listing on Nasdaq Dubai to promote secondary market trading along with primary dealers
The new five-year T-Bonds will contribute to strengthen the local debt capital market and build the UAE dirham-denominated yield curve
Bonds amounting to Dhs750m will be offered for a two-year tranche, and Dhs750m for a three years tranche