Tue, May 26, 2020
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Bahrain eyes 10 year bond

Posted on 27 June 2012

Bahrain, the Gulf Arab state hit by ongoing social unrest, plans to issue a benchmark-sized 10-year dollar bond this week, lead arrangers said, after testing investor appetite in roadshows that conclude on Tuesday.
Initial price guidance for the issue, which appears to be a single-tranche deal, was at a spread of 462.5 basis points over midswaps. At current swap prices, that equates to a coupon of 6.375 per cent; 10-year midswaps were quoted at 1.75 per cent on Tuesday………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
May 2020
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031