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UAE risk perception continues to improve

Source: Zawya Political
Dubai : United Arab Emirates | 2 months ago  
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The spread on the credit default swaps (CDS) for Dubai and Abu Dhabi sovereign paper has dropped below the levels of 300 and 100 basis points, respectively, for the first time this year. The cost of insuring against default on Abu Dhabi sovereign debt was 90 basis points above the London interbank offer...
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