Financial and Banking News


Arab Banks Co-manage Seven Bond Issues

Arab banks and financial institutions have co-managed seven eurobond issues during the past month as follows:

 Borrower Amount Maturity Arab Co-Managers (mn) Floating Rate Notes Korea Development Bank $100 2001 SIB Republic of Indonesia $300 2001 ABC, SIB Halifax Building Society œ200 1996 SIB Straight Issues Republic of Italy $200 1991 ABC, AGIC, KFTCIC, KIIC, KAB, NBK European Coal & Steel $100...