Abu Dhabi launched the sale of bonds worth $10bn on Tuesday, raising cash from the international markets to help bolster the oil exporter’s finances.

The emirate offered $3bn of five-year debt at 65 basis points over Treasurys, $4bn of 10-year bonds at 85 basis points over Treasurys and $3bn of 30-year notes at 130 basis points over Treasurys, according to terms from one of the lead banks.