DUBAI: Bahrain is expected to raise $2 billion in a three-tranche bond sale on Wednesday, a document showed, as it seeks to plug a fiscal deficit exacerbated by the pandemic and low oil prices.
It gave initial price guidance of around 4.875 percent for a seven-year tranche, around 5.75 percent for 12-year bonds and around 6.75 percent for 30-year bonds, according to the document from one of the banks arranging the deal.
Bahrain expected to raise $2 billion in three-tranche bond sale
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Bahrain expected to raise $2 billion in three-tranche bond sale
- It gave initial price guidance of around 4.875 percent for a seven-year tranche
