Manama, Bahrain – 10 March 2021 – The Central Bank of Bahrain (CBB) announces that the issue of the 6-year Government Development Bond has been oversubscribed by 319%.
Subscriptions worth BD 638.329 million were received for the BD 200 million issue, which carries a maturity of 6 years.
The expected interest rate on the issue, which begins on 14th March 2021 and matures on 14th March 2027, 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.23 (ISIN BH000J508747).