UAE Set for More Retail Bond Issuances Following Massive Debut Success
Following the overwhelming success of its first Sovereign Retail T-Sukuk, the UAE Ministry of Finance is preparing to roll out two additional issuances before the end of the year. While the specific format—whether conventional bonds or sukuk—and the exact size remain under review, officials have confirmed that each offering will be at least Dh50 million. The government is also exploring the possibility of listing these future instruments on the Abu Dhabi Securities Exchange, building on the initial listing success at Nasdaq Dubai.
The debut offering proved to be a major hit, drawing Dh445 million in subscriptions—a figure nearly nine times higher than the original target. This enthusiasm prompted the Ministry to double the issuance size to Dh100 million to meet demand. Notably, the programme saw significant engagement from local citizens, women, and younger investors, signaling a shift toward broader financial inclusion. By offering a 4.30 percent profit rate and low entry barriers, the government has successfully created a reliable vehicle for individual savings, effectively bridging the gap between national financial goals and the long-term investment aspirations of families across the UAE.