Byusnewsr1-

Jan 20, 2021

Bahrain gets $ 2 billion in bond sales after peak in deficit

Bahrain gets $ 2 billion in bond sales after peak in deficit

DUBAI (Reuters) – Bahrain on Wednesday sold $ 2 billion in three-tranche bonds, a document showed, after the coronavirus pandemic and low oil prices exacerbated its budget deficit and pushed the total outstanding debt to the debt to nearly $ 40 billion. The sale of the debt comes amid uncertainty over future budget support for […]
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