Palestinian Ambassador to UNESCO Monir Anastas said the 'inscription is a message of hope to our people in Gaza, who are fleeing bombs with no shelter, no food or water'
The bigger $500 million bond, maturing November 2018, was twice subscribed, the source said. The $225 million tranche matures in October 2022.
“The demand came from international fund managers, international banks and local banks. There is good appetite in the international market for the country’s sovereign issues,” the source said.
He also said the international market was more interested in the 2018 issue, adding foreign buyers had accounted for 30 percent of the demand for this tranche.
The yield on the 2018 Eurobond was 5.15 percent, while the 2022 deal was placed to yield 6.10 percent. Bank of Beirut and Credit Suisse arranged the issue, the proceeds of which were earmarked for refinancing maturing debt.
One of the world’s most indebted countries, Lebanon sold a $1.2 billion Eurobond in March, which attracted bids about three times the size of the issue. Its sovereign debt is rated B by both Standard & Poor’s and Fitch.
Palestinian Ambassador to UNESCO Monir Anastas said the 'inscription is a message of hope to our people in Gaza, who are fleeing bombs with no shelter, no food or water'
The said delays are expected between the intersection of Hatta Road and Al Ain Road towards Abu Dhabi
Veerendra Kumar said he was cheated by a job agent who had promised him a job in Qatar but sent him to Saudi
The government authority announced the road closure on social media platform X
Around 800,000 passengers are expected to be affected over the weekend as the damage is heavy and labour-intensive to repair
A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Authority said the exercise will involve movement of military vehicles and urged residents to stay away from designated areas
'I am proud of you. This is going to be historic,' the former first lady told Harris in a live video call