Wednesday, May 08, 2013

So Thailand...

...the bellweather Numero Uno, and now Oman want to jump on the Dollar bond bandwagon.

Rates are going to be low forever, right?

(Reuters) - Oman is considering whether to issue a U.S. dollar-denominated sovereign bond, its first international bond since 1997 and its second ever, to facilitate debt sales by its private sector, finance minister Darwish al-Balushi told Reuters.
"This year we do not plan but maybe for next year, and this is not because of our immediate borrowing requirements but because we want to pave the way for the private sector," Balushi said late on Saturday.

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