Emirate of Sharjah tightens guidance for dollar sustainable bonds - document

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 15 (Reuters) - The government of Sharjah, one of the seven United Arab Emirates, has tightened guidance for a sale of nine-year sustainable bonds denominated in U.S. dollars by 25 basis points, a document on the sale showed on Wednesday. Guidance was tightened from initial guidance to around 285 basis points over 10-year U.S. Treasuries after demand topped $2.1 billion, the document seen by Reuters showed. (Reporting by Yoruk Bahceli in Amsterdam; Writing by Yousef Saba in Dubai)

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