Manama, Bahrain – 12th October 2021 – The Central Bank of Bahrain (CBB) announces that the issue of the 2-year Government Development Bond has been oversubscribed by 247%.
Subscriptions worth BD 494.937 million were received for the BD 200 million issue, which carries a maturity of 2 years.
The fixed annual coupon rate on the issue, which begins on 14th October 2021 and matures on 14th October 2023, is 2.75%.
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.27 (ISIN BH000E005004).