BMA Offers $106Mn In Government Bonds
The Bahrain Monetary Agency (BMA) announced last week that it is issuinggovernment bonds worth BD40mn ($106mn) to be offered to banks, financial institutions andthe public. The bonds, which are the first to be offered to the general public in Bahrain,are guaranteed "directly and unconditionally" by the government. Thesubscription offer started on 16 March and will last for 10 days. Four banks - NationalBank of Bahrain,...