Dubai repays $910 mn matured bonds: govt | Bangkok Post: news

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Dubai repays $910 mn matured bonds: govt

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The Dubai government said Sunday it has repaid in full $910 million of maturing bonds, declaring it reflected a commitment of the indebted Gulf emirate to honour its obligations. 

Burj Khalifa, the world tallest tower, is silhouetted at sunset in Dubai, on November 30, 2010. The Dubai government said Sunday it has repaid in full $910 million of maturing bonds, declaring it reflected a commitment of the indebted Gulf emirate to honour its obligations.

"All the outstanding notes were redeemed in full," upon maturity on April 23, the government said in a statement referring to the bond issue valued at 3.34 billion dirhams ($910 million).

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