• The UAE's recent issuance of its first US dollar-denominated sovereign bond in over a year has garnered remarkable demand, with the Ministry of Finance announcing that the $1.5 billion bond received bids totaling more than $7.4 billion. This overwhelming response from a diverse set of investors, including domestic, regional, and international participants, underscores the country's growing appeal to foreign investors.

• The investor breakdown reveals that 45% were from the Middle East, 21% from the US, 14% from Europe, 11% from Asia, and 9% from the UK. The majority of the allocation, around two-thirds, went to banks and private lenders, with the remaining portion distributed among fund managers, pension funds, central banks, and the insurance sector. This 10-year bond, maturing in September 2033, offers a yield of 4.917%, with a spread of 60 basis points over US Treasuries. It will be listed on both the London Stock Exchange and Nasdaq Dubai.