Tuesday, May 8, 2012

Reuters: US Dollar Report: Bahrain to issue sovereign bond by summer - c.bank

Reuters: US Dollar Report
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Bahrain to issue sovereign bond by summer - c.bank
May 8th 2012, 11:18

DUBAI | Tue May 8, 2012 7:18am EDT

DUBAI May 8 (Reuters) - Bahrain plans to issue a 144a-compliant sovereign bond by the summer, the country's central bank said on Tuesday.

"Bahrain plans to issue a sovereign bond, with the issue size and tenor to be announced later," a central bank spokesperson told Reuters. "I can confirm 144a/Reg S bonds by the summer."

The central bank did not provide more details on the issue, which can be offered to qualified institutional investors in the United States.

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