Bahrain sells triple-trancher, following fellow HY Gulf sovereign Oman

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Bahrain sells triple-trancher, following fellow HY Gulf sovereign Oman

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COVID-19 Coronavirus Bahrain Economic Impact Concept Image. | Feydzhet Shabanov - stock.adobe.com

The Kingdom of Bahrain launched a $2bn triple-tranche bond on Wednesday, the second sovereign trade from the Gulf region this year. Both trades have, somewhat unexpectedly, been done by junk-rated governments.

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