No. 19



National Bank Of Bahrain To Manage BD7Mn Bond Issue

The National Bank of Bahrain (NBB) announced on 30 April that it had been mandated as the manager and underwriter for the fourth bond issue of the Bahrain Commercial Facilities Company (BCFC). The BD7mn ($18.6mn) floating rate issue, which falls due in 2006, will be open for subscription from 5-19 May, according to a statement issued by NBB, for what the bank considers to be one of Bahrains leading consumer...