CBB Government Development Bond Issue No.33 Oversubscribed
Published on 22 June 2023
Manama, Bahrain – 22nd June 2023 – The Central Bank of Bahrain (CBB) announces that the issue of the 4-year Government Development Bond has been oversubscribed by 415%.
Subscriptions worth BD 414.963 million were received for the BD 100 million issue, which carries a maturity of 4 years.
The fixed annual coupon rate on the issue, which begins on 27th June 2023 and matures on 27th June 2027, is 6.25%.
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.33 (ISIN BH000J29Q721).