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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Bahrain’s SWF bond sale fetches $3bln

Posted on 24 June 2010

From Business24-7.ae: Bahrain sovereign wealth fund Mumtalakat Holding’s bond offering attracted an order book of about $3 billion. Books were open on the conventional offering and were due to close later yesterday. Two market sources said the order book was between $2.5 billion (Dh9.18bn) and $3bn.
Earlier, Mumtalakat launched a $750 million five-year bond, reopening Gulf Arab fixed-income markets that were hit by the market turmoil due to the European debt crisis in May……………………………………….Full Article: Source

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