Sharjah starts marketing 30-year bonds

Formosa bonds are sold in Taiwan by foreign borrowers. (File/AFP)

• Formosa bonds are denominated in currencies other than the Taiwanese dollar

DUBAI: The government of Sharjah, the third largest of the United Arab Emirates, started marketing US dollar-denominated 30-year Formosa bonds on Tuesday at about 4.375%, a document showed.
Formosa bonds are sold in Taiwan by foreign borrowers and are denominated in currencies other than the Taiwanese dollar.