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Bahrain plans to issue $1bln sovereign bond

Posted on 25 January 2010

From Arabianbusiness.com: Bahrain plans to issue a $1 billion sovereign bond with a 10-year maturity, the central bank said on Sunday, with a banking source saying the issue will mostly target US investors.

“The Bahrain government is issuing around $1 billion in conventional bonds, the yield is market driven and the maturity is 10 years,” a spokeswoman for the Central Bank of Bahrain (CBB) said…………………Full Article: Source

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