Manama, Bahrain – 29 April 2020 – The Central Bank of Bahrain (CBB) announces that the issue of the 3 years Government Development Bond has been oversubscribed by 181%.
Subscriptions worth BD 541.89 million were received for the BD 300 million issue, which carries a maturity of 3 years.
The expected interest rate on the issue, which begins on 3rd May 2020 and matures on 3rd May 2023, is 6.00%.
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.20 (BH000832V705).