Bahrain secures billion dollars post Iran attack
Bahrain issued bonds worth one billion dollars a few hours after Iranian missiles were intercepted, amid requests nearing 3.2 billion dollars, with a coupon of 7.125% for ten years. This deal comes amid escalating regional tensions and the impact of the war on the Bahraini economy, which is expected to contract by up to 4% this year, with a debt-to-GDP ratio of around 140%.
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