Bahrain to raise $ 2 billion in bond sales after deficit spikes
Bahrain to raise $ 2 billion in bond sales after deficit spikes
DUBAI (Reuters) – Bahrain is expected to raise $ 2 billion in a three-tranche bond sale on Wednesday, a document said, after the coronavirus pandemic and low oil prices exacerbated its budget deficit and pushed the total debt outstanding at nearly $ 40 billion. The sale of the debt comes amid uncertainty over future budget […]
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