Manama, Bahrain – 6 November 2019 – The Central Bank of Bahrain (CBB) announces that the issue of the 5 years Government Development Bond has been subscribed by 100%.
Subscriptions worth BD 185 million were received for the BD 185 million issue, which carries a maturity of 5 years.
The expected interest rate on the issue, which begins on 10th November 2019 and matures on 10th November 2024, is 4.00%.
The Government Development Bonds are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is Government Development Bond issue No.19 (BH0001669454).