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Saudi 'proxy' Bahrain grabs $2 billion with bond comeback
Bahrain sold $2 billion in its second bond offering of the year on Wednesday, a dual-tranche issuance comprising seven-year sukuk, or Islamic bonds, and a 12-year conventional tranche. The small oil producer, which averted a credit crunch in 2018 with a $10 billion aid package from its wealthy Gulf neighbours,…
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Click here to read the full story: Reuters