BR100 Increased By (0.39%)
BR30 Increased By (1.39%)
KSE100 Increased By (0.48%)
KSE30 Increased By (0.45%)
BECO 5.44 Decreased By ▼ -0.05 (-0.91%)
BML 55.85 Decreased By ▼ -0.91 (-1.6%)
BOP 35.25 Increased By ▲ 0.13 (0.37%)
CNERGY 8.17 Increased By ▲ 0.02 (0.25%)
DCL 11.55 Increased By ▲ 0.04 (0.35%)
FCCL 57.57 Increased By ▲ 0.82 (1.44%)
FCSC 5.16 Increased By ▲ 0.01 (0.19%)
FFL 17.99 Increased By ▲ 0.11 (0.62%)
FNEL 1.26 Increased By ▲ 0.01 (0.8%)
HUMNL 11.10 Decreased By ▼ -0.02 (-0.18%)
KEL 8.62 Increased By ▲ 0.20 (2.38%)
KOSM 6.63 Increased By ▲ 0.05 (0.76%)
MLCF 105.65 Increased By ▲ 2.35 (2.27%)
NBP 201.00 Increased By ▲ 0.82 (0.41%)
PACE 11.37 Increased By ▲ 0.08 (0.71%)
PAEL 44.56 Increased By ▲ 1.09 (2.51%)
PIAHCLA 28.08 Increased By ▲ 0.59 (2.15%)
PIBTL 18.81 Increased By ▲ 1.11 (6.27%)
PPL 245.60 Increased By ▲ 1.28 (0.52%)
PRL 35.57 Increased By ▲ 0.14 (0.4%)
PTC 65.70 Increased By ▲ 0.35 (0.54%)
SEARL 95.10 Increased By ▲ 1.78 (1.91%)
SSGC 32.43 Decreased By ▼ -0.51 (-1.55%)
TELE 8.87 Decreased By ▼ -0.04 (-0.45%)
THCCL 66.99 Increased By ▲ 0.27 (0.4%)
TPLP 10.90 Increased By ▲ 0.07 (0.65%)
TREET 25.26 Increased By ▲ 0.14 (0.56%)
TRG 65.79 Increased By ▲ 0.89 (1.37%)
WAVES 10.90 Decreased By ▼ -0.03 (-0.27%)
WTL 1.26 Increased By ▲ 0.01 (0.8%)
Markets

First Abu Dhabi Bank launches 400 million sterling bonds: document

  • Barclays, First Abu Dhabi Bank (FAB), HSBC and TD Securities arranged the deal, another document also from one of the banks arranging the deal showed.
  • FAB had given initial price guidance of around 115 basis points over UK gilts due in September 2025 and received around 850 million pounds in orders for the debt sale.
Published February 2, 2021 Updated February 2, 2021 07:33pm
By

DUBAI: First Abu Dhabi Bank launched on Tuesday 400 million pounds ($546.56 million) in bonds due in December 2025 at 98 basis points over UK gilts, a document showed.

Barclays, First Abu Dhabi Bank (FAB), HSBC and TD Securities arranged the deal, another document also from one of the banks arranging the deal showed.

FAB had given initial price guidance of around 115 basis points over UK gilts due in September 2025 and received around 850 million pounds in orders for the debt sale, the documents showed.

Comments

Comments are closed for this article.