25.03.2009 - Bahrain plans $500 mln Islamic bond end May-c.bank
From Forbes.com: Bahrain is finalising a $500 million Islamic bond, the central bank governor said on Tuesday, as the Gulf Arab state seeks to raise money to offset lower oil revenues. Rasheed al-Maraj did not give details about the sovereign bonds in his remarks to reporters, but a source familiar with the matter said the issue was aimed at covering part of the Gulf Arab oil-producer's expenditures because a fall in crude oil prices have hit its budget.....Full Article: Source