The Central Bank of Bahrain (CBB) announced that the issue of the 3-year Government Development Bond has been oversubscribed by 289%.
Subscriptions worth BD 433.363 million were received for the BD 150 million issue, which carries a maturity of 3 years.
The fixed annual coupon rate on the issue, which begins on March 17 and matures on March 17, 2025, is 4.20%.
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. 28 (ISIN BH000695OFI8).
