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Dubai government redeems $750 mln Islamic bond

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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,
Trend reports
citing Al
Arabiya
.

The government has also paid back early an additional $300
million of sukuk due to mature in November 2026, the media office
said.

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