China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The truth about Asian investment banking

The truth about Asian investment banking

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Skip Navigation LinksHome :: Back Issues :: Abu Dhabi: NBAD sets new FRN record

January 2006

Abu Dhabi: NBAD sets new FRN record

by Kathryn Wells

The National Bank of Abu Dhabi’s (NBAD) $850m floating rate note sold in December has set a new benchmark for the region’s issuers both in terms of size and spread.


The five-year issue claimed the distinction of overtaking the National Bank of Dubai’s $750 million issue one week earlier to become the largest ever bond from a financial institution in the region, as...


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