Islamic Treasury Sukuk auction for June 2025 attracts bids worth AED6.21 billion

WAM
26 Jun 2025, 19:14 GMT+10

ABU DHABI, 26th June, 2025 (WAM) -- The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and payment agent, announced the successful completion of the June 2025 auction of UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to AED1.1 billion.

This issuance forms part of the T-Sukuk issuance program for the year 2025, as published on the MoF's official website.

The auction attracted robust demand from eight primary dealers across both tranches maturing in May 2027 and August 2028. The total bids received reached AED6.21billion, reflecting an oversubscription rate of 5.6 times, underscoring the strong confidence of investors in the UAE's creditworthiness and Islamic finance framework.

The auction results highlighted competitive, market-driven pricing with a Yield to Maturity (YTM) of 3.88% for the May 2027 tranche and 3.83% for the August 2028 tranche. These yields represent a tight spread of 2 basis points, above comparable US Treasuries at the time of issuance.

The Islamic T-Sukuk programme plays a vital role in supporting the development of the UAE's dirham-denominated yield curve, offering secure investment instruments for a wide range of investors. Furthermore, it reinforces the local debt capital market, contributes to the development of the broader investment landscape, and supports the UAE's long-term economic sustainability and growth objectives.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.

More Information

null in null

International Business

Section

Bird flu plan in the works as USDA weighs export, vaccine risks

CHICAGO, Illinois: For the first time in history, U.S. officials are considering a coordinated plan to vaccinate poultry against bird...

Farmers exploit loophole in Amazon soy deal to clear rainforest

SANTAREM, Brazil: As Brazil cements its position as the world's top soy exporter, a new wave of deforestation is spreading across the...

"Scholarships are very important tool of recognition, necessary for youngsters to excel...": Infosys founder NR Narayana Murthy

Ahmedabad (Gujarat) [India], June 28 (ANI): Infosys founder NR Narayana Murthy on Friday said that scholarships are a very important...

Infosys founder NR Narayana Murthy visits GIFT city, commends its global growth trajectory

Gandhinagar (Gujarat) [India], June 27 (ANI): Infosys founder NR Narayana Murthy visited the Gujarat International Finance Tec-City...

The US has just declared economic war on Africa. It will backfire

To realize their full trade potential, African nations must address existing barriers and disjointed customs regulations In April,...

Positive trajectory in Indian economy continues in 2025-26, all indicators indicate resilience: FinMin

New Delhi [India], June 27 (ANI): The positive trajectory in the Indian economy appears to be continuing in 2025-26, with initial high-frequency...

Mediterranean

Section