Manama, Bahrain – 15th June 2021 – The Central Bank of Bahrain (CBB) announces that the issue of the 5-year Government Development Bond has been oversubscribed by 159%.
Subscriptions worth BD 237.739 million were received for the BD 150 million issue, which carries a maturity of 5 years.
The fixed annual coupon rate on the issue, which begins on 17th June 2021 and matures on 17th June 2026, is 3.60%.
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.25 (ISIN BH000PD93J79).