UAE's Ministry of Finance issued a total of $2 billion in bonds and Sukuk in 2023 and plans to issue bonds valued at $1.3 billion for Q1 2024, announced Undersecretary Younis al-Khoori. Speaking to the Emirates News Agency (WAM) at the ongoing Asian Financial Forum in Hong Kong, Khoori highlighted the success of the Islamic Treasury Sukuk launch in 2023. The Sukuk, valued at $299 million, experienced robust demand, with bids worth $2.2 billion and an oversubscription by 7.6 times.
UAE plans to issue bonds, sukuk valued at $1 36bln in Q1 2024
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