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English news

05-Mar-2017

Oman raises USD5bn from international bond sale

Oman's government has almost completed its entire foreign borrowing plan for 2017 in a single issue, by selling USD5bn of international bonds. The government’s bond sale on Wednesday, in tranches of five, 10 and 30 years, was about double the size that most investors had expected and a karge amount for a country which returned to the international bond market in 2016 after an absence of two decades. 

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