The UAE Ministry of Finance has successfully completed the June 2025 auction of Islamic Treasury Sukuk (T-Sukuk), raising AED1.1 billion amid overwhelming investor interest.
Conducted in collaboration with the Central Bank of the UAE, the auction is part of the 2025 T-Sukuk issuance programme and featured two tranches maturing in May 2027 and August 2028. The auction drew total bids of AED6.21 billion, oversubscribing by 5.6 times and highlighting investor confidence in the UAE’s financial stability and Islamic finance framework.
The competitive bidding produced market-driven yields of 3.88% for the 2027 tranche and 3.83% for the 2028 tranche—just two basis points above comparable US Treasuries—demonstrating strong pricing efficiency.
This issuance contributes to building a robust dirham-denominated yield curve, supports the growth of the local debt capital market, and aligns with the UAE’s broader goals of economic diversification and long-term financial sustainability.
News Source: Emirates News Agency
