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Oman raises $6.5bn from 3-part bond sale to bridge gap

Oman raised $6.5bn from a bond offering as the Middle East’s biggest non-Opec producer seeks to bridge a budget deficit. The country sold $1.25bn of five-year notes priced to yield 190 basis points above similar maturity US Treasuries, said a person familiar with the transaction. It also placed $2.5bn of…

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Click here to read the full story: Gulf Times

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