DUBAI  - Emirates Development Bank (EDB), owned by the United Arab Emirates federal government, started marketing its debut dollar bond issue at around 130 basis points over mid-swaps, a document issued by one of the banks leading the deal showed on Wednesday.

The five-year senior, unsecured bonds are expected to be priced later on Wednesday. Emirates NBD Capital and Standard Chartered Bank are coordinating the debt sale. Emirates Development Bank is rated AA-(minus) by Fitch.

(Reporting by Davide Barbuscia; Editing by Subhranshu Sahu) ((sylvia.westall@thomsonreuters.com; Via Dubai Newsroom +971 4453 6488; Reuters Messaging: sylvia.westall.thomsonreuters.com@reuters.net))