25.05.2010 - Bahrain sovereign debt reaches $2.23bln, may issue Sukuk
From Zawya Dow Jones: Bahrain's sovereign debt stands at $2.23 billion, the highest in the country's history, representing 17.2% of gross domestic product, Manama-based Al Wasat daily reports Monday, citing public data. The next payment for the foreign currency debt amounts to $230 million and will be due in November 2011, the paper reports. Bahrain is expected to issue Islamic or conventional bonds to cover the sukuk that will mature in November 2011, the daily adds.............................................Full Article: Source
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