Manama, Bahrain – 27th April 2023 – The Central Bank of Bahrain (CBB) announces that the issue of the 2-year Government Development Bond has been fully subscribed by 100%.
Subscriptions worth BD 200 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 3rd May 2023 and matures on 3rd May 2025, is 5.875%.
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.32 (ISIN BH000B272N66).