Sharjah24 – WAM: The UAE Central Bank announced an auction of government bonds on November 13.
The auction includes four issues of “M-BILL” Treasury bonds, totaling AED15.5 billion.
The first issue for 28 days will be up to 5,000 million dirhams; the second for 56 days will be up to 3,000 million dirhams; and the third for 84 days will be up to 2,500 million dirhams.
The fourth issue for 252 days will be for up to 5,000 million dirhams.
The release date will be November 15, with the first issue due on December 13, 2023, the second issue on January 10, 2024, the third issue on February 7, 2024, and the fourth issue on July 24, 2024.
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