![Abu Dhabi, United Arab Emirates - March 01, 2019: The UAE flag is replaced by a new one as the wind blows strong in Abu Dhabi. Friday the 1st of March 2019 at Emirates Palace, Abu Dhabi. Chris Whiteoak / The National](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/INOCIATM4Q65PFO7Q4SGKOKNLY.jpg?smart=true&auth=ccddc16becfb053f89ebde11e2bda5a5948c36b5db817268712e08095927b309&width=400&height=225)
The latest issuance comes after $4 billion was raised last year through multi-tranche sovereign bonds. Chris Whiteoak / The National
The latest issuance comes after $4 billion was raised last year through multi-tranche sovereign bonds. Chris Whiteoak / The National
UAE's $3bn sovereign bonds five times oversubscribed
Initial target was a benchmark size of $1.5bn, with global book orders peaking at $15bn before the issuance was upsized