VOL. XLVII

No 09

01-March-2004

CAPITAL MARKETS

BMA Embarks On Roadshow For First International Bond Issue

The Bahrain Monetary Agency (BMA) went on a roadshow in the GCC and Malaysia at the end of February to launch its first international Islamic bond issue. Bahrain-based Citi Islamic Investment Bank was mandated by the BMA to act as the arranger and structuring advisor for the five-year, floating rate note (MEES, 8 December, 2003), while Citigroup Global Markets is the sole bookrunner and lead...