Bahrain issued revised price guidance for its 30-year benchmark bond issue, with the order book due to close at 0900 GMT on Wednesday, a document from lead arrangers said.

Pricing is now slated at a yield of 6 to 6.125 per cent, revised from the low 6 per cent area.

Order books are currently worth more than $2.5 billion with US books to close at the end of Tuesday, the document said.

Bahrain chose Citigroup, Gulf International Bank, Mitsubishi, and Standard Chartered to arrange the roadshows. -Reuters