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Bahrain eyes sovereign bond, not imminent

Posted on 26 April 2012

Bahrain, troubled by ongoing social unrest, is testing whether it could draw investors into a potential sovereign bond sale, although the issuance is unlikely to be imminent, government and banking sources said on Wednesday.

A year of clashes between mostly Shi’ite-led protesters and Sunni government security forces has been weighing on the small non-OPEC oil exporter, eroding capital parked in its mutual funds, while fiscal handouts have raised the country’s vulnerability to a potential oil price drop………………………………………..Full Article: Source

 
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