Wednesday, May 09, 2012
BEIRUT (Zawya Dow Jones)--Bahrain plans to issue sovereign bonds, the value and maturity of which will be announced later, Manama-based Al Wasat daily reports Wednesday citing the country's central bank.
The public debt of the small oil-producing Gulf state stands at about 3.2 billion Bahraini dinars ($8.49 billion), Al Wasat reports.
The daily said that the country's largest issue of sovereign debt was in 2011 and consisted of international sukuk worth $750 million.
Newspaper website: http://www.alwasatnews.com/3532/news/read/661629/1.html
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
09-05-12 0713GMT
