During the week, transactions on the US
dollar bonds accounted for $19,600 (33,300 manats).
LIBOR FOR CALCULATING INTEREST ON SPECIAL US
DOLLAR BONDSSummary: Lebanon's sovereign
dollar bonds rallied Thursday on news the country's leaders had agreed to form a government after nine months of wrangling over Cabinet portfolios in the heavily indebted state.
The cost of insuring exposure to Bahrain's sovereign debt increased to a record high and sovereign
dollar bonds fell to record lows as investors worried about the country's ability to avoid a funding crunch.
Global Banking News-May 11, 2018--Saudi banks said to be planning for
dollar bondsAbu Dhabi's $10 billion (Dh36.73 billion)
dollar bonds were oversubscribed three times, having received bids of $30 billion and tighter pricing, sources familiar with the deal said on Tuesday, riding high on robust liquidity post the successful $12.5 billion bond issue in Saudi Arabia last week.
Earlier, the Ministry of Finance offered a limited bid for selecting an international law firm to provide international consulting services to the legal process of offering US
dollar bonds in international markets.
Dollar bonds in the Philippines beat their Southeast Asian peers in the third quarter, avoiding the currency collapses seen in neighbors more reliant on commodities.
CPG's board passed a resolution to authorize the offering of US
dollar bonds or notes, proceeds from which will be used for "general corporate purposes," the company said on Friday.
The two-tranche
dollar bonds are to be priced later on January 21, 2011.