Bahrain bond added to Middle East stack

June 10, 2009 12:00 am

A huge oversubscription for the Kingdom of Bahrain’s $750m sukuk this week allayed fears of investor fatigue for Middle East bonds. The sukuk was priced at 340bp over Treasuries, the tight end of price guidance. Read EuroWeek to find out what else is in the pipeline for this region.

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