The UAE sukuk and bond auctions witnessed strong demand with AED 1.1 billion worth of issuance in two tranches of sukuk due October 2029 and bonds due January 2031. The total value of the proposals submitted amounted to 4.54 billion dirhams, equivalent to 4.1 times the size of the offering. The yield rate reached 4.95% for the bond portion due in October 2029 and 5.05% for the bond portion due in January 2031, with a small difference ranging from 19 to 26 basis points from the yields of the US bonds under similar terms for both tranches. Two tranches of sukuk bonds and treasury bonds will be listed on Nasdaq Dubai, which will increase investors' ease of access to them in the secondary market.

The UAE sukuk and bond auctions witnessed strong demand with AED 1.1 billion worth of issuance in two tranches of sukuk due October 2029 and bonds due January 2031. The total value of the proposals submitted amounted to 4.54 billion dirhams, equivalent to 4.1 times the size of the offering. The yield rate reached 4.95% for the bond portion due in October 2029 and 5.05% for the bond portion due in January 2031, with a small difference ranging from 19 to 26 basis points from the yields of the US bonds under similar terms for both tranches. Two tranches of sukuk bonds and treasury bonds will be listed on Nasdaq Dubai, which will increase investors' ease of access to them in the secondary market.