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Bahrain Islamic bond launch

  • Bahrain: Monday, December 30 - 2002 at 13:22

Bahrain's government is ready to launch its largest-ever issue of Islamic bonds, issued by Bahrain Monetary Agency on behalf of the government, as USD250 million of Ijara sukuk. The bonds carry a maturity of six years starting February 3, said the Bahrain Monetary Agency (BMA). Subscriptions will be received in January. Dates will be announced soon.

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