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Abu Dhabi sets the spread at 25bps over US Treasuries for 10-year bonds, via document

Newsquawk Staff ·

  • Book order at over USD 6.8bln for 10-year bonds. 

What it means

Abu Dhabi's decision to set the spread at 25bps over US Treasuries for 10-year bonds indicates a competitive positioning in the fixed income market, particularly given the strong book order of over USD 6.8 billion. This spread can also influence investor sentiment towards risk and yield in relation to US debt, potentially impacting global rates and currency flows, especially in the USD and related markets.

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