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Prospect News home > News index > List of issuers Tenders > Headlines for 2009 > News item
Published on 9/22/2009 in the Prospect News Emerging Markets Daily.

United Arab Emirates' RAKbank repurchases bonds for $10 million

By Devika Patel

Knoxville, Tenn., Sept. 22 - National Bank of Ras Al Khaimah said it repurchased some of its $301 million in series 1 bonds for $10 million on Sept. 22.

There are $291 million of the bonds remaining outstanding.

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


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