Central Bank of UAE set to bolster ‘under-developed' local bond market
The Central Bank of the UAE believes changes in global regulations, the development needs of a growing financial services sector and improved monetary policy transmission in the United Arab Emirates (UAE) means it has a pressing need to develop a domestic bond market.
While UAE equities are included in emerging market equity indexes, the bond market remains relatively under-developed, Khalifa Ahmed Al Fahim, an investment manager at the central bank, told delegates attending National Asset and
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