From Reuters: Bahrain’s sovereign wealth fund Mumtalakat plans to raise at least $500 million from a sale of bonds maturing in a minimum of five years, banking sources said on Monday.
The bond sale could be launched in the next few days to take advantage of a global rally and a boost from China’s vow to allow a more flexible yuan exchange rate. Beijing’s move has boosted global stocks and led to a fall in U. S. debt prices……………………………………….Full Article: Source