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aldar bond 2014 yield

PROMISING? Aldar bonds may still offer value after yield plunge

PROMISING? Aldar bonds may still offer value after yield plunge

Aldar, which has developed flagship projects for Abu Dhabi such as the Yas Marina Formula 1 circuit and the world's first Ferrari theme park, has been hit hard by the property crash in the United Arab Emirates. The yield on 2014 bond is at record low after fresh government aid with some referring to the company as "Mubadala without a rating"

January 6, 2012 8:43