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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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Manama, Bahrain - 23 April 2012 - The Central Bank of Bahrain (CBB)announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD18 million issue, which carries a maturity of 91 days, has been subscribed by 232%.
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Saudi Arabian Mining Company (Ma'aden) said on Saturday that it is in talks with a number of banks to obtain a medium term murabaha (financing) loan of up to SR7bn ($ 1 .87bn). The company will use proceeds from the five-year revolving credit facility to finance future projects.