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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

No bond in 2010; 3-4pct GDP growth expected - Bahrain

Posted on 29 September 2010

From Arabianbusiness.com: Bahrain’s sovereign wealth fund Mumtalakat reopened Gulf Arab bond markets by issuing a five year $750 million bond in June after the market was hit by the European debt crisis, raising the prospect other issuers from the region could follow.
Bahrain does not plan to issue sovereign bonds any time soon and the Gulf Arab country’s economy may grow by 3-4 percent this year, central bank governor Rasheed al Maraj said on Tuesday……………………………………….Full Article: Source

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