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ADX to deal listed companies' bonds

The Abu Dhabi Securities Exchange (ADX) has said it plans to trade bonds of listed companies to tap into demand from both issuers and investors, Reuters has reported. Rashid al Baloushi, deputy chief executive of ADX, said the infrastructure, rules, regulations and other mechanisms are ready. 'We as a market see an opportunity to list bonds, it gives investors options also,' he was quoted as saying.

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