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Primary Dealers

Promoting Effective Participation in the Business Market

The Federal Debt Management Office (FDMO) has selected eight banks as primary dealers for the UAE’s debt issuance programme. These approved financial institutions possess the exclusive rights to purchase securities in the auction and distribute them to clients. This aims to support the development of the local debt market and build a dirham yield curve in the UAE. The FDMO works closely with primary dealers to ensure efficient market participation and promote a secure and transparent issuance process.

Primary Dealers Contacts

Tharinda Nanayakkara Kunal Gaind	T-Bonds T-Sukuk	TBondsales@adcb.com treasury.sukuk@adcb.com
Zafar Quraishi Asma Al Tajir	T-Bonds T-Sukuk	TBONDS@emiratesnbd.com islamictbsukuk@emiratesnbd.com
Tahir Aslam	T-Bonds T-Sukuk	TBonds@bankfab.com treasury.sukuk@bankfab.com
Spyridon Balkonis Moustafa Bou Zeid	T-Bonds T-Sukuk	tbondtrading@hsbc.com treasurytbond@noexternalmail.hsbc.com sukuktrading@hsbc.com sukuktreasury@hsbc.com
Muneeb Azhar Abdulla KT Salman Amjad	T-Bonds T-Sukuk	TBONDS@mashreq.com treasury.sukuk@mashreq.com
Nouman Ghaffar Harith Abussaud Hussam AlSaeed	T-Bonds T-Sukuk	TBonds@sc.com treasury.sukuk@sc.com
Abdul Qadir Khanani Abdelaziz Mahjoub	T-Sukuk	treasury.sukuk@adib.com
Mohammed Saleem Mohammed Iktear Uddin Mouhanad Alghabra	T-Sukuk	Treasury.Sukuk@dib.ae