The transaction forms part of the Treasury Bonds and Treasury Sukuk Issuance Programme 2026. The auctions attracted strong demand from primary dealers for the T-Sukuk tranche maturing in October 2027 and the T-Bond tranche maturing in January 2031. Total bids reached AED4.83 billion, representing an oversubscription rate of 4.4 times. The yields represented spreads of 24 basis points and 4 basis points, respectively, above comparable US Treasury securities at the time of issuance. The T-Sukuk and T-Bonds are listed on Nasdaq Dubai, providing investors with access to secondary market trading.