DUBAI, April 6 (Reuters) - Bahrain tightened guidance
for its sale of U.S. dollar-denominated sukuk, or Islamic bonds,
and conventional bonds after it drew combined orders of over
$7.8 billion for the debt sale, a bank document on the sale
showed on Thursday.
Guidance was tightened to around 6.5% for the seven-year
sukuk and 7.75%-7.875% for the 12-year notes, the document from
one of the arranging banks said. Initial guidance was about
6.875% for the sukuk and around 8% for the conventional paper.
(Reporting by Yousef Saba; Editing by Hugh Lawson)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.