Global bonds tumble as UK tax cuts deliver fresh headwinds

Equities and other risk assets also dropped and the pound sank to a record low

Indonesian government

Indonesian government lists two sukuk valued at $3.25bn on Nasdaq Dubai

The Indonesian government is one of the largest sukuk issuers on Nasdaq Dubai

Abu Dhabi UAE government

Indonesia fund lets UAE invest in its high-yield instruments

The investment framework deal was signed with the Abu Dhabi Growth Fund

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