Comment & Analysis
Sovereign wealth
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Gulf sovereign bonds drop as oil dives
International bonds issued by governments in the Gulf dropped on Monday as oil prices plummeted, Refinitiv data showed. Omani bonds maturing in 2048 were down 7.6 cents, Abu Dhabi papers due in 2047 fell 3.4 cents and Bahraini notes due in 2047 were 5 cents lower.
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