Bahrain sells $2 billion in sukuk and bonds

      Published on Monday, 14 September , 2020      449      
Bahrain sells $2 billion in sukuk and bonds

  • Government

Bahrain sold $2 billion in a dual-tranche bond deal comprising seven-year sukuk and 12-year conventional bonds on Wednesday, its second international debt sale this year, a document showed.

Bahrain sold $1 billion in sukuk at 3.95% and $1 billion in 12-year bonds at 5.45% and received more than $7.6 billion in combined orders for them, the document from one of the banks arranging the deal showed.

Category Government | 2020/09/14 latest update at 5:30 PM
Source : Reuters | Photocredit : Google
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