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Emerging MarketsEM Middle East

Bahrain re-enters high yield market for second bond

AdobeStock_Bahrain_Coronavirus_575x375_17Aug2020

The Kingdom of Bahrain, one of only two sub-investment grade sovereigns in the Gulf, is tapping markets for its second bond of the year. The mandate comes just weeks after Bahrain increased its debt ceiling as Gulf states grapple with the impact of low oil prices and Covid-19 on their spending plans.

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