Dubai Company Bonds Dive as Swaps Show Default Risk

“The tumble in bonds of Dubai’s state- controlled companies to record lows signals growing concern more borrowers will fall behind on debt payments as Dubai World seeks to restructure $26 billion of obligations.”
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  3. RBS Led Dubai World Lenders, HSBC May Have Most at Stake in UAE
  4. Dubai gets $10 billion from Abu Dhabi to pay Nakheel bond
  5. U.A.E. Will Support Banks in Dubai Credit Crisis

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