ICICI Home Finance is planning to raise ₹5 billion (approximately $59 million) through the issuance of five-year bonds with an interest rate of 7.36%, as reported by market sources. The non-banking financial company is targeting ₹3.75 billion with an additional greenshoe option of ₹1.25 billion. Bids for these bonds will be accepted on the Bombay...
Bahrain has officially opened the subscription for its $526.4 million (BHD 200 million) Government Development Bond Issue 38. This initiative, led by the Central Bank of Bahrain (CBB), allows both Bahraini and foreign investors to participate, with the subscription period running until Thursday, March 13, 2025. The bonds have a par value of BHD1 each...
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has invested $200 million in the first internationally listed exchange-traded fund (ETF) centered on Saudi Arabia. The fund, known as the SPDR J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF, is managed by State Street Global Advisors. The announcement was made during a bell-ringing ceremony...