Bahrain debt Archives

Bahrain’s debt sale is the first since Gulf Arab allies pledged $10 billion in aid in October to help stabilise the nation’s fragile finances.

Bahrain returns to the bond market for first time since $10bn bailout package

Written by Bloomberg

Wed 25 Sep 2019Wed 6 Oct 2021

The issuance comes amid a sudden surge in debt sales by frontier and emerging sovereigns after the cost of borrowing declined

Latest in Bahrain debt

If Bahrain goes ahead with the sale, it would be its first since Gulf Arab allies pledged $10 billion in aid in October.

Bahrain debt

Bahrain said to tap international bond market a year after $10bn bailout

Written by Bloomberg

Tue 24 Sep 2019Wed 6 Oct 2021

Source says Gulf kingdom unlikely to raise more than $2bn from the sale of dollar-denominated debt

Fitch estimates that non-bank GRE debt in 2018 ranged from 12 percent of GDP in Kuwait to 32 percent of GDP in Oman.

Bahrain debt

GCC gov’t-related debt ‘significant and growing’, says Fitch

Written by Sam Bridge

Tue 24 Sep 2019Wed 6 Oct 2021

Ratings agency says non-bank government-related entity debt is as high as 32% of GDP in Oman

Bahrain's government had been relying on bond offerings to boost its foreign-currency reserves before sentiment turned against risky assets earlier this year.

Bahrain credit risk

Bahrain credit risk falls to five-month low on $10bn aid package

Written by Bloomberg

Mon 1 Oct 2018Wed 6 Oct 2021

Bahrain has been slow to implement fiscal reforms to cope with oil prices that are well below what the nation needs to balance its budget

Bahrain

How Bahrain aims to open economy further to foreign firms

Written by Sam Bridge

Tue 4 Sep 2018Thu 7 Oct 2021

Bahrain reportedly approves plans for foreign companies to set up subsidiaries which will be able to do business without local partners

The finance ministers of Saudi Arabia, the UAE and Kuwait met with their Bahraini counterpart on Wednesday in the island-kingdom.

Arab Monetary Fund

Bahrain’s Gulf allies show support for kingdom’s fiscal stability

Written by Staff Writer

Thu 16 Aug 2018Mon 8 Nov 2021

Finance ministers of Saudi Arabia, the UAE and Kuwait reviewed a report prepared by a joint technical team in coordination with the Arab Monetary Fund

Bahrain debt

Bahrain said to hire Lazard to help on how to fix finances

Written by Staff Writer

Tue 3 Jul 2018Thu 7 Oct 2021

Sources say Lazard is helping Bahrain evaluate fiscal reforms to help ease pressure on the state’s budget

Bahrain

UAE, Saudi and Kuwait to announce economic aid programme for Bahrain

Written by Staff Writer

Wed 27 Jun 2018Mon 8 Nov 2021

Bahrain has a projected state budget gap of $3.5 billion in 2018

Bahrain debt

Debt risk rises most on record for Bahrain

Written by Staff Writer

Tue 26 Jun 2018Thu 7 Oct 2021

Absence of any signal of financial aid from Bahrain’s neighbours has sent the kingdom’s credit risk rising the most in emerging markets

Bahrain debt

US hedge fund eyes Bahrain as next distressed-debt target

Written by Staff Writer

Tue 15 May 2018Thu 7 Oct 2021

Greylock Capital Management, which holds the distressed bonds of Mozambique and Venezuela, says Bahrain is its next potential target

“This will continue as we are very conscious of the importance of having a sustainable fiscal policy,” he said.

Bahrain debt

Bahrain has enough reserves to keep dollar peg, Al-Maraj says

Written by Staff Writer

Thu 10 May 2018Thu 7 Oct 2021

Bahrain will impose a value-added tax next year to help generate revenue,following Saudi Arabia and the UAE