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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item
Published on 7/24/2009 in the Prospect News Emerging Markets Daily.

UAE's RAKbank buys back $36.5 million of bonds due Oct. 6, 2010

By Jennifer Chiou

New York, July 24 - National Bank of Ras Al Khaimah (RAKbank) announced the early repurchase of $36.5 million of its bonds due Oct. 6, 2010 (ISIN: XS0231692236).

The outstanding balance is now $301 million.

The commercial bank is based in Dubai, United Arab Emirates.


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