Bahrain plans a sovereign bond targeting the U.S. market by the summer, its central bank said on Tuesday, in a sign the Gulf state is confident it can attract international investors in the face of social unrest and budget pressures.
It has mandated JP Morgan, Citi, Standard Chartered and Gulf International Bank to arrange the bond, three sources familiar with the matter said. The bond would be a conventional issue and not an Islamic one, two of the sources said………………………………………..Full Article: Source