Monday, 16 November 2015

Oil: Both Saudi Arabia and Bahrain Planning Debt Issues


Brent $44.21, down 26 cents; WTI $40.59, down 15 cents.
First up, Reuters Nov. 10:

* Banks have been discussing matter since early this year* Domestic bond issues began in July* Discussing creation of debt management office* Initial issue might be $1-2 billion - Gulf source* Could issue two to four times a year (Adds more sources, context)

UPDATE 1-Saudi aims for first foreign bond as soon as

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