Department of Finance in UAE

Department of Finance – Abu Dhabi (DoF) announced today that Abu Dhabi Government has repaid its sovereign bonds on April 8, 2019. The bonds were issued by Abu Dhabi Government in 2009 in two tranches of US $1.5 billion each, with a total value of US $3 billion. The first tranche with a value of US $1.5 billion for five years was due and repaid in 2014, while the second tranche of US $1.5 billion for 10 years, has now been repaid in April 2019. H.E. Jassim Mohammed Buatabh Al ...