UAE's Emirates NBD nears bond sale plans -CFO

Emirates NBD, the United Arab Emirates largest bank by assets, could raise as much as $2 billion in bonds over the next year depending on pricing and a proposed government guarantee.

Financial director Sanjay Uppal also said on Tuesday the bank could take its time on the new issuance, as it had few pressing financing needs. "It's not something to be launched in a week or two week, but over the next six to nine months for something at that level," he said by telephone. "But (it's) dependent on the pricing element and government guarantee."