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Bahrain Issues Debt Instruments Worth Two Billion Dollars

Central Bank of Bahrain
Central Bank of Bahrain

2024-02-07 - 5:11 p

Bahrain Mirror: Bahrain issued bonds and debt instruments worth two billion dollars, according to Reuters on Tuesday, February 6, 2024.

Reuters reported that the issuance consists of one billion dollars in bonds for a term of 7 years with an interest rate of 6 percent, and one billion dollars in bonds for a term of 12 years with an interest rate of 7.5 percent.

Bahrain had appointed HSBC, J.P. Morgan, National Bank of Bahrain, and Standard Chartered banks to coordinate the global debt issuance, according to the agency.

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