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Bahrain offers dollar bond, sukuk to plug growing budget gap

Bahrain started marketing a three-tranche dollar bond to help plug its budget deficit. The Gulf nation is selling benchmark-size seven-year Islamic bonds as well as conventional debt with a duration of 12 years and/or 30 years, according to a person familiar with the matter, who’s not authorised to speak publicly…

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Click here to read the full story: Gulf News

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