25.03.2010 - Bahrain launches oversubscribed $1.25 bln bond
From Reuters: Bahrain launched an oversubscribed $1.25 billion 10-year bond at 200 basis points over mid-swaps on Wednesday, mopping up pent-up demand for Gulf sovereign issues. The bond attracted orders of $5.5 billion, banking and fund management sources said, and the launch spread tightened from initial guidance of 210 bps over mid-swaps. Investors had initially expected a smaller $1.0 billion deal...................................Full Article: Source
Print