Bahrain's GIB sets initial price for bond issue
Bahrain: 2009-11-07 10:55:03
Bahrain's Gulf International Bank (GIB) has said its initial price guidance for its Saudi bond issue will be at 130 to 140 basis points above the Saudi interbank offered rate (Sibor), MEED has reported. The bond will be offered through private placement and will be riyal dominated with a tenor of three years.
