VOL. XLVI
No 4
27-January-2003
BAHRAIN
Bahrain $500Mn International Eurobond Oversubscribed Despite War Tension
Bahrains five-year $500mn international bond issue, launched on 21 January, came in oversubscribed, with offers totaling $1.2bn as both regional and international investors shrugged off a possible US strike against Iraq. In a similar move to Irans issue of Eurobonds last year (MEES 15 July and 16 December 2002), the Bahraini Governments aim was to set a benchmark for Bahrain debt in the...
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