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Bahrain is latest Gulf state to tap bond markets
Bahrain has started marketing a three-tranche dollar bond to help plug one of the widest deficits in the region. The kingdom is selling 'benchmark-size' seven-year debt, 12-year securities and/or notes maturing in 30 years. Benchmark typically means the equivalent of at least $500 million. Despite a $10 billion bailout package…
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Click here to read the full story: Gulf News