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Central Bank of Bahrain guidance for benchmark dollar-denominated sukuk at Treasuries plus 350 bps
By Paul A. Harris
St. Louis, June 8 - The Central Bank of Bahrain set guidance for its benchmark-sized dollar-denominated sukuk at Treasuries plus 350 basis points, according to an informed source.
The books remain open. The size of the offer remains to be determined.
The deal is expected to price on Wednesday.
Calyon Securities, Deutsche Bank and HSBC are bookrunners for the offering.
The Central Bank of Bahrain is a Manama, Bahrain-based public financial institution.
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