The Central Bank of Bahrain (CBB) announces that the issue of the 3-year Government Development Bond has been oversubscribed by 291%.
Subscriptions worth BD 291.470 million were received for the BD 100 million issue, which carries a maturity of 3 years.
The fixed annual coupon rate on the issue, which begins on April 13 and matures on April 13, 2026, is 6.00%.
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.31 (ISIN BH000I75L602).
Source: Bahrain News Agency