Dubai government redeems $750 mln Islamic bond

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, Feb 20 (Reuters) - The emirate of Dubai's Public Debt Management Office has redeemed $750 million worth of Islamic bonds, or sukuk, issued on Jan. 30, 2013, Dubai media office wrote on Twitter on Monday. The government has also paid back early an additional $300 million of sukuk due to mature in November 2026, the media office said. (Reporting by Mahmoud Mourad; Editing by Hugh Lawson)

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