The UAE’s well-capitalized and liquid banks stand ready to provide funding if capital markets become unsupportive, ensuring stability
Abu Dhabi and the UAE federal government will issue more than $8 billion of local currency debt this year to support the establishment of a domestic yield curve, a new report suggests.
S&P Global Ratings anticipated anticipated that Abu Dhabi is preparing to issue local currency debt as part of an ongoing initiative to develop the UAE domestic debt capital markets.
Overall, S&P Global Ratings expects individual emirates and the UAE federal government to issue approximately $18 billion of local currency debt in 2025, slightly down from $19 billion in 2024. About 55 percent of that will be used for…
