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Listed
Sukuk
Ijarah
UAE Federal T-Sukuk 2029
UAE Ministry of Finance · United Arab Emirates
Five-year dirham T-Sukuk auctioned to primary dealers and eligible institutional investors.
Key terms
- Issuer profile
- UAE Ministry of Finance
- ISIN
- AED01330C291
- Structure
- Ijarah
- Issue size
- AED 3.3B
- Ccy
- AED
- Minimum investment
- AED 1M
- Payment frequency
- semi-annual
- Listing venue
- Nasdaq Dubai
- Governing law
- UAE law
Pricing
- Profit rate
- 4.15% (fixed)
- Indicative price
- 99.80
- Yield to maturity
- 4.20%
- Spread
- 38 bps
- Ratings
- Aa2 / AA / AA-
Key dates
- Issue date
- 15 May 2024
- Maturity date
- 15 May 2029
- Tenor
- 5 years
Shariah information
- Shariah advisor
- UAE Higher Shariah Authority
- AAOIFI aligned
- ✓
- Underlying asset
- Federal government assets
- Use of proceeds
- General federal budget purposes