Sheikh Ahmed bin Saeed al-Maktoum

Dubai may issue sovereign bond in 2013

Sheikh Ahmed bin Saeed al-Maktoum, advisor to Dubai's ruler, has said the emirate may issue another sovereign bond in 2013. He also said the government is looking at alternate means to repay its debt if asset sales don't materialise. When asked if an alternative to asset sales was in place, he confirmed that they were considering it. However, he could not specify what, since it's confidential information because of the restructuring.

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